Central Bank of China

PRESS RELEASE Release Date: November 5, 2003




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FOREIGN EXCHANGE RESERVES AS OF

OCTOBER 31, 2003


The Foreign Exchange Reserves of the Republic of China amounted to US$196.61 billion at the end of October 2003, showing an increase of US$6,033 million from the figure recorded at the end of last month and an increase of US$34,953 million compared to the end of last year.

The main factors responsible for the increase in foreign exchange reserves in October 2003 are :

1.Substantial foreign capital inflows

2.Inward remittance of USD921 million from ADRs issued abroad by The Development Fund, Executive Yuan.

3.Returns from foreign exchange reserves management



Note: The next dissemination will be made at 16:20 p.m. on December 5, 2003;

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