Foreign exchange reserves fall below US$600 billionBy Crystal Hsu / Staff reporterTaiwan’s foreign exchange reserves fell below the US$600 billion mark at the end of last month, with the central bank reporting a total of US$596.89 billion — a decline of US$8.6 billion from February — ending a three-month streak of increases. “The large-scale outflows disrupted the balance of supply and demand in the foreign exchange market, prompting the central bank to intervene repeatedly by selling US dollars to stabilize the local currency,” Department of Foreign Exchange Director-General Eugene Tsai (蔡炯民) said. Photo: ReutersThe interventions were the main factor behind the monthly drop in foreign exchange reserves, he said. Exporters continue to hold ample US-dollar funds, while the country’s persistent current-account surplus should provide a stable source of foreign exchange inflows, he added. Globally, China remains the largest holder of foreign exchange reserves at US$3.4 trillion, followed by Japan with US$1.16 trillion.

Source: Taipei Times April 07, 2026 17:13 UTC