Foreign Exchange Reserves as at end of September 2005
PRESS RELEASE Release Date: October 5, 2005
Foreign Exchange Reserves as at end of
September 2005
The foreign exchange reserves of the Republic of China amounted to US$253.75 billion at the end of September 2005, showing a fall of US$340 million from the figure recorded at the end of last month and an increase of US$12,008 million compared to the end of last year.
The main factors responsible for the drop in foreign exchange reserves in September 2005 are:
1. The country’s trade surplus has declined since the beginning of this year.
2. Repatriation of foreign capital. Foreign investors as a group was a net seller in Taiwan’s equity markets in September.
Note: The next dissemination will be made at 16:20 p.m. on November 4, 2005;
the advance release calendar can be accessed on our website at: http://www.cbc.gov.tw/EngHome/ESDDS/calacal.htm