The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39

The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39

The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39

The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39

The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39

The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39

The annual growth of M1B, one of Taiwan’s major money supply indicators, surged 28.62% in November, the highest since April of 1989, according to the central bank.

M1B usually varies with the performance of stock market. The rise in M1B helps activate the stock market and vice versa. The annual growth of M1B has been on an uptrend since January of this year as the local bourse has regained strength.

In October of the year the average daily value of M1B reached NT$10 trillion (US$303.03 billion) mark for the first time and the corresponding figure in November grew to NT$10.17 trillion (US$308.18 billion) and that of M2, another major money supply indicator, stood at NT$29.16 trillion (US$883.64 billion), both the highest of their kinds.

In November the outstanding value of securities accounts hit a record high of NT$1.21 trillion (US$36.67 billion) for a sharp monthly rise of NT$13.1 billion (US$396.97 million). However, the outstanding value of NT-dollar accounts held by foreigners, believed to be investment capital for the local bourse, experienced a slight monthly drop of NT$6.5 billion (US$196.97 million) to NT$197.9 billion (US$6 billion).

In the same month Taiwan’s banks recorded a month decline of NT$76.1 billion (US$2.31 billion) in term deposits, with a rise of NT$91.7 billion (US$2.78 billion) in passbook deposits.

In the first 11 months the average annual growth of M1B and M2 posted at 15.31% and 7.32%, respectively. The central bank set the growth zone for M2 at 2.5%-6.5% this year and the range of the zone for next year will remain unchanged.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=175555&CtNode=39