Taiwan's foreign exchange reserves declined to USD 594.27 billion in July 2026 from USD 597.15 billion in June, marking their lowest level since May 2025. The decrease primarily reflected investment returns from the deployment of foreign exchange reserves, exchange-rate movements of major currencies against the US dollar, and measures taken to stabilize the foreign exchange market. At the same time, foreign investors’ holdings of Taiwan stocks and bonds, measured at market value and including their New Taiwan dollar deposits, rose to USD 1.663 trillion, equivalent to roughly 280% of Taiwan’s foreign exchange reserves.