Taiwan's Central Bank says sold USD880mn to intervene in FX market in H1 2023

<p>Taiwan's Central Bank, the Central Bank of the Republic of China, dipping into its USD holdings to fund this. </p><ul><li>Sold net USD 880mn to intervene in FX market in H1</li><li>Sold net USD 5.63bln from July 2022 to June 2023</li><li>Says the operations were aimed at smoothing FX volatility</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.