Taiwan's Strong Stock Market Performance Leads to 3 Major New Highs in Foreign Exchange Reserves in June!

Reported about 1 year ago

The Central Bank of Taiwan announced that the foreign exchange reserves reached $573.299 billion in June, increasing by $4.96 billion from the previous month, setting a new historical high. The stock market in Taiwan performed well in June, crossing over 23,000 points, leading to foreign investments in New Taiwan Dollar assets reaching $837.1 billion, equivalent to 146% of the foreign exchange reserves, both setting new highs and establishing a 'triple high' record. These positive trends have led to consecutive increases in Taiwan's foreign exchange reserves for two months.

Source: YAHOO

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