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Central Bank of the Republic of China

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FOREIGN EXCHANGE RESERVES AS AT END OF APRIL 2005

FOREIGN EXCHANGE RESERVES AS AT
END OF APRIL 2005

The foreign exchange reserves of the Republic of China amounted to US$252.64 billion at the end of April 2005, showing an increase of US$1,505 million from the figure recorded at the end of last month and an increase of US$10,902 million compared to the end of last year.
The main factors responsible for the increase in foreign exchange reserves in April 2005 are:
1.Foreign capital inflows
2.Returns from foreign exchange reserves management
3.The Japanese yen and other major currencies appreciated 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 next dissemination will be made at 16:20 p.m. on June 3, 2005;
The advance release calendar can be accessed on our website at: http://www.cbc.gov.tw/EngHome/ESDDS/calacal.htm
END OF APRIL 2005
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