* Exporters sell U.S. dollars
* Trading cautious on worries over central bank
TAIPEI, Oct 19 - The Taiwan dollar fell against the U.S. dollar on Monday following a weak domestic stock market but exporters' deals cushioned the local unit's fall, dealers said.
"There is some real demand from both exporters and importers," said one dealer at a foreign bank in Taipei.
"Some speculative buying on U.S. dollars has eased after the central bank's comments," the dealer said, referring to the central bank's remarks on hot money that caused fund outflows last week.
Taiwan's Central Bank Governor Perng Fai-nan said last week that foreign investors had parked about T$500 billion ($15.5 billion) in their Taiwan dollar accounts, out of which T$400 billion was not accounted for.
Taiwan's central bank normally aims to curb the Taiwan dollar's strength to maintain the island's export competitiveness.
Exporter were seen selling the U.S. dollar when it rose to T$32.400 in Monday, said another dealer at a local bank.
The dealer said the Taiwan dollar could trade between T$32.300-T$32.400 for the rest of the day.
0145 GMT FRIDAY SESSION T$ (Taipei Forex Inc) 32.365 32.300 (close) Volume in $ mln (Taipei Forex Inc) 126 125 (0145 GMT) T$ (Cosmos) 32.369 32.265 (close)
Note: Taipei Forex Inc is Taiwan's main forex exchange; Cosmos is a smaller exchange. Both exchanges end trading at 0800 GMT
Source: NDFs quotations from Prebon Asia
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