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Chunghwa Telecom suffers losses from foreign exchange derivative contract

Kaddy Chung, Taipei; Adam Hwang, DIGITIMES Asia Thursday 6 March 2008 0

Chunghwa Telecom (CHT) suffered a book loss of NT$4.0 billion (US$129 million) due to a 10-year foreign exchange derivative contract signed with an international investment bank in September 2007, according to a press release from CHT on March 5.

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