Central Bank of China
PRESS RELEASE Release Date: October 5, 2004





FOREIGN EXCHANGE RESERVES AS AT
END OF SEPTEMBER 2004


The foreign exchange reserves of the Republic of China amounted to US$233.01 billion at the end of September 2004, showing an increase of US$1,397 million from the figure recorded at the end of last month and an increase of US$26,374 million compared to the end of last year.

The main factors responsible for the increase in foreign exchange reserves in September 2004 are

1.The Euro appreciated against the US dollar. Foreign exchange reserves denominated in this currency was worth more in terms of the base currency, the US dollar.

2.Returns from foreign exchange reserves management.







Note: The next dissemination will be made at 16:20 p.m. on November 5, 2004;

the advance release calendar can be accessed on our website at: http://www.cbc.gov.tw/EngHome/ESDDS/calacal.asp