Central Bank of China

PRESS RELEASE Release Date: September 5, 2003




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FOREIGN EXCHANGE RESERVES AS OF

AUGUST 31, 2003


The Foreign Exchange Reserves of the Republic of China amounted to US$185.67billion at the end of August 2003, showing an increase of US$3,461 million from the figure recorded at the end of last month and an increase of US$24,013 million compared to the end of last year.

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

1.Substantial foreign capital inflows.

2.Returns from foreign exchange reserves management.



Note: The next dissemination will be made at 16:20 p.m. on October 3, 2003;

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