The U.S. dollar fell against the New Taiwan dollar Wednesday, dropping NT$0.11 to close at NT$30.960. Turnover totaled US$709 million during the trading session. The greenback opened at the day's high of NT$31.070 and moved to a low of NT$30.780 before rebounding. Dealers said rebounds of other Asia currencies against the U.S. dollar on the same day prompted local investors to buy the New Taiwan dollar, which pressed the U.S. dollar back below NT$30.960. The greenback rose above the NT$31.000 level a day earlier as investors rushed to pocket strong gains posted by the local unit in recent trading sessions. The dealers said buying of the New Taiwan dollar resumed as the market opened Wednesday, with investors taking cues from a strong showing of other Asian currencies, in particular the Chinese yuan. The central bank again intervened in late trading to slow down the pace of the local currency's rise against the U.S. dollar, the dealers said. 