Taipei Foreign Exchange Market July 2024
Central Bank of the Republic of China ( Taiwan )
PRESS RELEASE Release Date: August 22, 2024
Taipei Foreign Exchange Market July 2024
The Taipei foreign exchange market covers all foreign exchange transactions made by authorized foreign exchange banks and offshore banking units. After eliminating double counting arising from interbank transactions, total net trading volume in the market amounted to US$935.3 billion in July 2024. The average daily turnover was US$44.5 billion.
1.By trading counterparty:(USD billions)
|
Transactions between banks and customers |
Interbank transactions |
|||
|---|---|---|---|---|
|
Amount |
% |
|
Amount |
% |
|
295.1 |
31.5 |
With domestic banks |
192.6 |
20.6 |
|
With foreign banks |
447.6 |
47.9 |
||
|
Total |
640.2 |
68.5 |
||
|
NTD/foreign currency |
Third currency |
||||
|---|---|---|---|---|---|
|
|
Amount |
% |
|
Amount |
% |
|
NTD/USD |
413.0 |
44.2 |
USD/RMB |
189.6 |
20.3 |
|
NTD/Other foreign currencies |
14.4 |
1.5 |
USD/YEN |
98.3 |
10.5 |
|
Total |
427.4 |
45.7 |
AUD/USD |
51.7 |
5.5 |
|
|
EUR/USD |
50.3 |
5.4 |
||
|
GBP/USD |
15.4 |
1.6 |
|||
|
Other foreign currencies |
102.6 |
11.0 |
|||
|
Total |
507.9 |
54.3 |
|||
3.By transaction type:(USD billions)
|
Items |
Amount |
% |
|---|---|---|
|
Foreign exchange swaps |
481.0 |
51.4 |
|
Spot transactions |
373.4 |
39.9 |
|
Outright forwards |
55.9 |
6.0 |
|
Options |
22.5 |
2.4 |
|
Cross currency swaps |
2.3 |
0.2 |
|
Margin trading |
0.2 |
0.1 |
|
Items |
Amount |
% |
|---|---|---|
|
Through brokers |
337.6 |
36.1 |
|
Direct dealing |
597.7 |
63.9 |