Taiwan Foreign Exchange Reserves
Foreign Exchange Reserves in Taiwan refer to the foreign assets held or managed by a central bank. Gold or a particular currency is used as a reserve. Treasury bills, government bonds, corporate bonds and shares, and foreign currency loans can be special drawing rights and marketable foreign currency instruments.
A higher than expected figure should be seen as positive (bullish) for the TWD while a lower than expected figure should be seen as negative (bearish) for the TWD.
News (TWD)
Taiwan Raises Growth Outlook
Taiwan's economy is expected to grow more than previously estimated this year on robust foreign demand for artificial intelligence and emerging technology applications. The economy is projected to expand 4.45 percent this year, which was revised up from 3.1 percent estimated earlier, the Directorate General of Budget, Accounting & Statistics said Friday.
RTTNews | 15 days ago
Taiwan Manufacturing PMI Sinks To 47.2 In June - S&P Global
The manufacturing sector in Taiwan continued to contract in June, and at a faster pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 47.2.
RTTNews | 60 days ago
Taiwan Manufacturing PMI Ticks Higher In May - S&P Global
The manufacturing sector in Taiwan continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 48.6.
RTTNews | 89 days ago
