Taiwan Foreign Exchange Reserves at $451.50 billion at End December 2017
Taipei | 5th January 2018
The foreign exchange reserves of the Republic of China amounted to US$451.50 billion as of the end of December 2017, showing an increase of US$1.03 billion from the figure recorded at the end of the previous month.
” TAIWAN FOREIGN EXCHANGE RESERVES AT $451.5 BILLION AT END December 2017 “
The factors responsible for the increase in the foreign exchange reserves in December 2017 are returns from foreign exchange reserves management and the appreciation of the euro against the US dollar.
Foreign exchange reserves denominated in this currency was worth more in terms of the base currency, the US dollar.
Official Press Release by Central Bank of ROC Taiwan