Result of The Currency War

Please read the articles in the following links for your reference:

http://www.hktdc.com/info/vp/a/hke/en/1/2/1/1X078XJQ/George-Soros-Targets-Taiwan-Dollar.htm

http://www.bloomberg.com/news/2011-01-10/taiwan-dollar-pares-gain-on-speculation-central-bank-intervened.html

http://www.google.com/hostednews/afp/article/ALeqM5i6C_KmdgrKS-NNT68daCnilAW93Q?docId=CNG.b5ae15c1b709a1743e2e17c6108aab09.311

http://en.wikipedia.org/wiki/Currency_war

Discussions:
1. According to the news and your understanding, what are the speculators doing to NTD?

2. Do you agree with the actions of speculators to attack currencies? Are these actions ethical?

3. What are the possible impacts if the NTD:USD exchange rate appreciated to 27:1 or 24:1?

4. In your point of view, should NTD currency appreciate or depreciate? What is your reason?

5. Do you agree that the Central Bank should spend our money to keep the current currency rate? What is your reason?

6. If you know the NTD:USD is going to appreciate to 24:1, what actions would you take?