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Taiwan Reports Record High Forex Reserves in April
TaiwanPlus News
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4 months ago
The central bank says Taiwan’s foreign exchange reserves reached a record US$582 billion in April.
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00:00
Taiwan's central bank says the country's foreign exchange reserves hit a record high
00:05
of US$582 billion in April. That was up almost $5 billion compared to March.
00:14
Taiwan has the fourth largest reserve among advanced economies.
00:18
This historic high comes amid a surge in exports and a low inflation rate.
00:24
Exports have soared thanks to delayed US tariffs
00:27
and a fresh wave of orders driven by demand for semiconductor chips for artificial intelligence.
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