Taiwan's huge ETF industry is in an FX pickle

data taiwan 2024Taiwan's real gross domestic product (GDP) is predicted to grow 4.27 percent year-on-year in 2025, up from the previous estimate of 3.9 percent, according to data released by the Directorate...Taiwan’s foren exchange reserves reached a new record hh of $554.9 billion in December 2022. Tax revenues, excluding social security contributions, totaled 13.2% of GDP in 2021, up