Taiwan's RMB deposit reaches highest over six months


  • World
  • Tuesday, 19 Jan 2021

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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Pope calls for dialogue on Iran, Syria, urges increased efforts for peace in Ukraine
UN sec-gen urges Iran to exercise 'maximum restraint' amid protests
Truck plows into Los Angeles rally to support Iran demonstrations, KNBC reports
Russian overnight attack sparks fire in Kyiv, Ukraine military says
Norwegian firm to build Africa's largest combined solar and battery storage project in Egypt
Feature: Bulgaria joins eurozone amid expectations, adjustments
"Avatar: Fire and Ash" tops North American box office for 4th consecutive weekend
Britain to develop new ballistic missile for Ukraine's defense
French Socialists won't vote with Mercosur no-confidence motions
Some US senators skeptical about military options for Iran

Others Also Read