Foreign Exchange Reserves as of the End of August 2024
Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: September 5, 2024
Foreign Exchange Reserves as of the End of August 2024
The foreign exchange reserves of the Republic of China amounted to US$579.06 billion as of the end of August 2024, showing an increase of US$7.32 billion from the figure recorded at the end of the previous month.
The factors responsible for the change in the foreign exchange reserves in August 2024 are:
- Returns from foreign exchange reserves management.
- Exchange rate movements of other reserve currencies against the USD.
- 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 August 2024 reached US$811.3 billion, equivalent to 140% of foreign exchange reserves.
Note: The next dissemination will be made at 16:20 on October 4, 2024;
the advance release calendar can be accessed on our website at: Advance Release Calendar