International Reserves in Taiwan
Taiwan - International ReservesThe economy rebounded strongly in the third quarter, contrasting the marginal contraction in the second quarter and marking the best result in two years. The turnaround was spearheaded by firmer exports growth, chiefly thanks to soaring demand for Taiwanese electronic goods from China and the U.S. On the domestic front, consumer demand showed signs of recovery in Q3, contracting at a much softer pace than in Q2. On top of that, government spending bounced back in the quarter, solidifying the overall economic recovery in turn. Turning to Q4, available data suggests sustained momentum at the tail end of the year. In October, the manufacturing PMI remained virtually unchanged at September’s 30-month high, which, coupled with an uptick in business confidence, points to solid private sector activity growth at the outset of the quarter. Moreover, sustained forward-looking export order growth in September signals upbeat external sector conditions in Q4.
Taiwan - International Reserves Data
|International Reserves (USD)||426||434||452||462||478|
5 years of economic forecasts for more than 30 economic indicators.
Taiwan International Reserves Chart
Source: Central Bank of China.
|Bond Yield||0.69||1.28 %||Dec 31|
|Exchange Rate||29.91||0.07 %||Jan 01|
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January 8, 2021
Consumer prices increased 0.03% from the previous month in December, contrasting November's 0.06% drop.
January 8, 2021
Merchandise exports jumped 12.0% annually in December, matching November’s result.
January 4, 2021
The manufacturing Purchasing Managers’ Index (PMI), released by IHS Markit, jumped to 59.4 in December from 56.9 in November, marking the best reading since January 2011.
December 23, 2020
Industrial output rose 7.8% in November (October: +6.4% yoy).
December 17, 2020
At its monetary policy meeting on 17 December, the Board of Directors of Taiwan’s Central Bank kept the discount rate unchanged at the record low of 1.125%.