Taiwan Foreign Exchange Reserves at $455.72 billion at End January 2018
Taipei | 5th February 2018
The foreign exchange reserves of the Republic of China amounted to $455.72 billion as of the end of January 2018, showing an increase of $4.22 billion from the figure recorded at the end of the previous month.
” TAIWAN FOREIGN EXCHANGE RESERVES AT $455.72 BILLION AT END January 2018“
The factors responsible for the increase in the foreign exchange reserves in January 2018 are:
- The appreciation of the euro and other reserve currencies against the US dollar. Foreign exchange reserves denominated in these currencies were worth more in terms of the base currency, the US dollar.
- Returns from foreign exchange reserves management.
- Net foreign capital inflows
Official Press Release by Central Bank of ROC Taiwan