The "net inflow" of foreign capital in November this year was US$9.22 billion. If calculated at the exchange rate on November 30, it is equivalent to about NT$284.9 billion, the largest net inflow of foreign capital in a single month in history.

(Central News Agency)

[Reporters Wang Menglun, Chen Meiying/Comprehensive Report] The Financial Supervisory Commission announced the trend of foreign capital yesterday. The "net remittance" in November this year was 9.22 billion US dollars. If calculated at the exchange rate on November 30, it is equivalent to about NT$284.9 billion, a record in history. The maximum net remittance of foreign capital in a single month.

Investment consultants are optimistic that the large-scale return of foreign capital will help the market at the end of the year and next January.

According to the latest statistics from the Financial Supervisory Commission, the cumulative net inflow of foreign capital up to the end of November this year was US$216.771 billion. Compared with the end of October, the net inflow of foreign capital increased by US$9.22 billion in a single month in November, which is the highest in a single month since statistics were available in 2011. Generous.

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Since the beginning of this year, foreign capital has slashed Taiwan stocks as a "cash machine". From January to October alone, foreign capital "net remitted out" 22.004 billion US dollars, the highest in the same period in history; however, international hot money suddenly turned back in November. , so that this year (that is, the first November) the net remittance of foreign capital decreased to 12.784 billion US dollars.

Foreign exchange reserves of US$552.2 billion rank fourth in the world

In addition, the central bank also announced yesterday that the balance of foreign exchange reserves in November was US$552.201 billion, a record high in history, a surge of US$9.409 billion in a single month, the largest in a single month since February 2021, and firmly ranked fourth in the world.

Cai Jiongmin, director of the Central Bank’s Foreign Exchange Bureau, said that the increase in foreign exchange reserves in November was mainly affected by three factors, including the U.S. dollar index’s sharp drop of 5% in November, the central bank’s holdings of foreign currency assets such as the euro and the British pound rose in value and were converted into U.S. dollars, and the central bank’s foreign exchange reserves Holding U.S. Treasury bonds, the interest income in November was high, and the exchange rate of the New Taiwan dollar fluctuated greatly in November. The central bank stepped in to adjust, resulting in a substantial increase in my country's foreign exchange reserves in November.

In addition, in November, foreign capital bought more than 100 billion yuan in Taiwan stocks.

According to the statistics of the central bank, as of the end of November, the domestic stocks and bonds held by foreign investors were calculated based on the market price of the day, together with their NT dollar deposit balance, a total of 514.8 billion US dollars, equivalent to 93% of foreign exchange reserves.

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