FX.co ★ Taiwan Forex Reserves Hit New Record in May

Taiwan's foreign exchange reserves climbed to an unprecedented USD 592.95 billion in May 2025, up from USD 582.83 billion in April. This rise was primarily attributed to gains from the management of foreign exchange reserves and fluctuations in the exchange rates of other reserve currencies against the U.S. dollar. Furthermore, the central bank intervened to stabilize turbulent capital flows, ensuring a well-ordered foreign exchange market. By way of context, the reserves were at USD 572.8 billion in May of the previous year, 2024.