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Central bank: Central Bank of the Republic of China
The New Taiwan dollar, or simply Taiwan dollar, is the currency of the Taiwan Area of the Republic of China (ROC) since 1949.
Exports, led by electronics and machinery, generate about 70% of Taiwan's GDP growth.
Taiwan’s diplomatic status with China excludes it from most trade agreements. Taiwan and mainland China did sign a landmark agreement in 2010 that may improve economic and diplomatic ties.
