Foreign Exchange Reserves as of the End of January 2021

The foreign exchange reserves of the Republic of China amounted to US$541.48 billion as of the end of January 2021, showing an increase of US$11.57 billion from the figure recorded at the end of the previous month.

The factors responsible for change in the foreign exchange reserves in January 2021 are:

1. Returns from foreign exchange reserves management.

2. Exchange rate movements of other reserve currencies against the USD.

3. Large and sudden capital flows caused excessive volatility. 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 January 2021 reached US$645.7 billion, equivalent to 119% of foreign exchange reserves.

    

   Note: The next dissemination will be made at 16:20 on March 5, 2021;

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

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