Foreign Exchange Reserves as of the End of September 2020
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: October 7, 2020
Foreign Exchange Reserves as of the End of September 2020
The foreign exchange reserves of the Republic of China amounted to US$499.60 billion as of the end of September 2020, showing an increase of US$1.43 billion from the figure recorded at the end of the previous month.
The factors responsible for the change of the foreign exchange reserves in September 2020 are:
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Returns from foreign exchange reserves management.
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The depreciation of the euro and other reserve currencies against the US dollar. Foreign exchange reserves denominated in these currencies were worth less in terms of the base currency, the US dollar.
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Due to large capital flows, the central bank stepped in to maintain an orderly foreign exchange market.
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Note: The market value of securities investment and the NTD deposits held by foreign portfolio investors at the end of September 2020 reached US$489.0 billion, equivalent to 98% of foreign exchange reserves.
Note: The next dissemination will be made at 16:20 on November 5, 2020;
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