Taiwan Central Bank Lifts Dollar Sale Limits to Stabilize Currency

The Central Bank of the Republic of China eased restrictions on exporters selling US dollars on November 2, 2026, to support the local currency. The bank notified several lenders that the previous daily cap of US$10 million on US dollar sales by exporters would no longer apply.

This policy shift follows a period of record foreign stock outflows that drove the Taiwan dollar down approximately 2 percent in October, marking it as the worst-performing currency in Asia for that month. The move signals that Taiwanese authorities are becoming less tolerant of the currency's depreciation.

Following the announcement, the Taiwan dollar rebounded from its weakest level since April 2025. One-month non-deliverable forwards strengthened by as much as 0.4 percent as the market responded to the intervention.