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2026.03.1908:20:00UTC+00Taiwan’s M3 Money Supply Rises to NT$68.79 Trillion in February, Signaling Gradual Liquidity Expansion

Taiwan’s broad money supply (M3) increased in February 2026, extending its upward trajectory and underscoring a continued expansion in system-wide liquidity. According to the latest data updated on 19 March 2026, M3 rose to NT$68,792.9 billion, up from NT$68,095.0 billion in January 2026.

The month-on-month increase suggests that overall liquidity in Taiwan’s financial system continues to build, a trend closely watched by markets and policymakers for its implications on credit conditions, investment activity and inflation dynamics. While the data alone do not indicate the underlying drivers—such as changes in deposits, lending, or central bank operations—the steady rise in M3 points to an environment of gradually expanding money supply as 2026 progresses.

Investors and analysts will likely monitor upcoming releases to see whether February’s increase marks the start of a stronger upward trend or a moderate continuation of existing dynamics, especially against the backdrop of Taiwan’s broader economic performance and global financial conditions.

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