Financial situation in February

The total currency count in February is the average daily M1B and M2 monthly growth rates of 1.40% and 1.00%, respectively. The annual growth rates of M1B and M2 decreased to 5.97% and 2.92%, respectively, mainly due to the slowdown in lending and investment growth.

The average daily currency for the preparation of the currency in February was 4,22.7 billion yuan, an increase of 180.9 billion yuan from the previous month. Among them, currency in circulation (the amount of currency issued minus central bank inventory cash) was affected by the continued increase in capital demand before the Lunar New Year, an increase of 146.2 billion yuan, and the deposit of financial institutions in the Bank increased by 34.7 billion yuan. The average daily preparedness rate of money in February was 6.46%, down 0.65 percentage points from 7.11% in the previous month. The average annual growth rate of the average daily preparing currency from January to February of this year was 6.78%, which was higher than the 3.49% in the same period of last year.

Direct financial and indirect finance The monthly growth rate of all monetary institutions' lending and investment (cost-based) at the end of February was 0.27%, which was lower than the end of last month; the annual growth rate also dropped from 5.92% at the end of last month to 5.47%, mainly due to banks. The slowdown in the growth of government and private sector claims. If the life insurance company's loans and investments are included, and the credits and resale of bad debts transferred by all monetary institutions, as well as direct finance, the total annual growth rate of all non-financial departments is 3.95%, which is lower than the end of last month. 4.29%.

Source: Central Bank Of the Republic Of China (Taiwan)