Taipei: The U.S. dollar rose against the Taiwan dollar on Monday, gaining NT$0.059 to close at NT$29.988. The trading session saw a significant turnover, reaching US$1.619 billion.

According to Focus Taiwan, the greenback opened at NT$29.900 and fluctuated between NT$29.870 and NT$30.036 before the market closed. The movement of the U.S. dollar reflects ongoing dynamics in the foreign exchange market in Taipei.