FX.co ★ Taiwan M2 Money Supply Rises to New High

Taiwan’s broad M2 money supply rose 6.45% year-on-year in April 2026 to a new record high of TWD 69,196 billion, accelerating from a 5.79% increase in March. This expansion was mainly driven by net capital inflows and faster growth in bank lending and investment. Lending and investment by all monetary institutions grew 8.61%, up from 7.64% a month earlier, reflecting stronger growth in bank claims on the private sector and government enterprises. When including life insurers and accounting for bad-debt write-offs, the annual growth rate of lending and investment by all financial institutions increased to 7.06% from 6.13%. For the January–April period, average M2 growth stood at 5.70%.