Foreign Exchange Reserves as of the End of January 2024

The foreign exchange reserves of the Republic of China amounted to US$569.54 billion as of the end of January 2024, showing a decrease of US$1.06 billion from the figure recorded at the end of the previous month.

The factors responsible for the change in the foreign exchange reserves in January 2024 are:

1.Returns from foreign exchange reserves management.

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

3.The central bank stepped in to smooth out volatile capital flows 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 2024 reached US$634.4 billion, equivalent to 111% of foreign exchange reserves.

Note: The next dissemination will be made at 16:20 on March 5, 2024;

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