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Foreign Exchange Reserves as of the End of May 2020

Central Bank of the Republic of China (Taiwan)

PRESS RELEASE                                      Release Date:  June 5, 2020                   

Foreign Exchange Reserves as of the End of May 2020

The foreign exchange reserves of the Republic of China amounted to US$484.52 billion as of the end of May 2020, showing an increase of US$2.73 billion from the figure recorded at the end of the previous month.

The factors responsible for the increase in the foreign exchange reserves in May 2020 are:

1.  Returns from foreign exchange reserves management.

2.  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.

﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋﹋

Note: The market value of securities investment and the NTD deposits held by foreign portfolio investors at the end of May 2020 reached US$392.4 billion, equivalent to 81% of foreign exchange reserves.

 

Note: The next dissemination will be made at 16:20 on July 6, 2020;

the advance release calendar can be accessed on our website at:

https://www.cbc.gov.tw/en/cp-515-102276-849a0-2.html

 

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