FX.co ★ Taiwan M2 Money Supply at Fresh Record High

Taiwan’s broad M2 money supply rose 5.79% year-on-year in March 2026 to a new record high of TWD 68,771 billion, accelerating from a 5.38% increase in February. The expansion was chiefly driven by stronger money issuance and faster growth in lending and investment. Lending and investment by all monetary institutions grew 7.64%, up from 7.36% in February, supported by more robust growth in claims on the private sector and public enterprises. When life insurers are included and bad-debt write-offs are taken into account, the annual growth rate of lending and investment by all financial institutions edged up to 6.13% from 5.92%. On a monthly basis, M2 rose 0.46% in March, slowing from a 0.99% gain in February.