June Foreign Exchange Reserves Set Three Record Highs

Reported about 1 year ago

According to the Central Bank's announcement, Taiwan's foreign exchange reserves at the end of June reached a record high of $573.299 billion USD, marking three new highs. In addition, foreign holdings of NT assets totaled $837.1 billion USD, with an equivalent exchange reserve ratio of 146%, also setting a new record. Taiwan's foreign exchange reserves fell to fifth place compared to India due to India surpassing in reserve balance. Taiwan's reserves were slightly behind India with $573.299 billion USD while China, Japan, and Switzerland maintained the top three spots.

Source: YAHOO

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