Foreign Exchange Reserves as at the End of December 2005
PRESS RELEASE Release Date: January 5, 2006
Foreign Exchange Reserves as at the End of
December 2005
The foreign exchange reserves of the Republic of China amounted to US$253.29 billion at the end of December 2005, showing an increase of US$1,507 million from the figure recorded at the end of the previous month.
The main factors responsible for the increase in foreign exchange reserves in December 2005 are:
1. Foreign capital inflows
2. Returns from foreign exchange reserves management
3. The Euro 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 February 3, 2006;
the advance release calendar can be accessed on our website at: http://www.cbc.gov.tw/EngHome/ESDDS/calacal.htm