FX.co ★ Taiwan's M2 Money Supply Sees 6.15% Growth in March 2024

In March 2024, Taiwan's M2 Money Supply showed a significant growth of 6.15%, up from the previous indicator of 5.59% in February 2024. This data, which was updated on 24 April 2024, indicates an increased amount of money in circulation in the country. The M2 Money Supply metric includes cash, checking deposits, and easily convertible near money. The rise in M2 Money Supply can have implications for inflation, economic activity, and interest rates in Taiwan. It will be important to monitor how this increase potentially impacts the country's economy moving forward.