The Central Bank of Taiwan published May 2026 data for the Taipei foreign exchange market, showing total net trading volume of USD 940.0 billion after eliminating double counting from interbank transactions. Average daily turnover was USD 47.0 billion. Interbank activity accounted for most trading, at USD 671.7 billion or 71.5% of the total. Within interbank trading, transactions with foreign banks reached USD 445.8 billion and those with domestic banks totaled USD 225.9 billion, while transactions between banks and customers were USD 268.3 billion. Trading was almost evenly split between NTD pairs and third-currency pairs, with NTD/USD the largest currency pair at USD 444.0 billion, followed by USD/RMB at USD 98.3 billion and EUR/USD at USD 86.8 billion. By instrument, foreign exchange swaps and spot transactions dominated turnover at USD 485.4 billion and USD 388.3 billion, respectively. Separately, banks also recorded USD 10.8 billion in interest rate swaps and USD 3.9 billion in interest rate options.
Central Bank of Taiwan2026-06-22
Central Bank of Taiwan reports USD 940 billion in May foreign exchange market turnover
The Central Bank of Taiwan reported that net turnover in the Taipei foreign exchange market totaled USD 940.0 billion in May 2026, with average daily turnover of USD 47.0 billion. Interbank trades made up 71.5% of activity, and NTD/USD was the largest currency pair. Foreign exchange swaps and spot transactions accounted for most trading.