Foreign Currency Deposits Surge to a Record NT$15.6 Trillion by End of March

AI Summary (NQ-processed)

Driven by the depreciation of the New Taiwan Dollar in March, foreign currency deposits in Taiwan's domestic banks have continued to hit new highs. According to the Financial Supervisory Commission, the balance reached NT$15.6835 trillion by the end of March, marking a monthly increase of NT$281.6 billion, primarily due to the appreciation of the US dollar.