Reserve Money (August 2026)

Central Bank of the Republic of China (Taiwan) PRESS RELEASE                                   Release Date: September 11, 2026 For the month of August 2026, the daily average balance of reserve money was NT$7,579.6 billion, an increase of NT$32.3 billion from the previous month. Of the components, currency in circulation decreased by NT$6.8 billion, while reserves deposited with the Bank increased by NT$39.1 billion. For the sources of change in reserve money, there were a number of contractionary factors such as tax remittances to the National Treasury, the issuance of government bonds, and a net increase in NCDs issued by the Bank. However, these effects were more than offset by expansionary factors, including interest payments on government bonds, repayment of Treasury bills and government borrowings, and the disbursement of various subsidies and centrally-allocated tax revenues. As a result, the daily average balance of reserve money increased from the previous month. The annual growth rate of the daily ave...