After hitting a new multi-month high of 33.087, the Taiwan dollar edged slightly lower to 33.471 against the greenback in early Asian trading on Friday. The pair that closed Thursday's North American deals at 33.212 is currently trading at 33.36.

In economic news, Taiwan will announce foreign reserves data for March, with analysts expecting a surplus of $293.72 billion. That follows the $294.19 billion surplus in February.

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