Taiwan's RMB deposit reaches highest over six months

TAIPEI, Jan. 18 (Xinhua) -- The renminbi-denominated deposit balance of Taiwan's financial institutions increased to 244.49 billion yuan (about 37.65 billion U.S. dollars) at the end of December 2020. It was the highest over the past six months, the island's monetary agency said on Monday.

The figure was around 8.63 billion yuan higher than, or up 3.66 percent over that at the end of November 2020, the most significant monthly growth since April 2014, the agency said at a press release.