Central Bank of the Republic of China-Press Releases-Our balance of payments has been in good shape. Foreign exchange reserves have been building up, resulting in US$261.8 billion at the end of last October, which is enough to cover 16 months of imports. The NT dollar exchange rate is determined by demand and supply of the foreign exchange market. If the foreign exchange market is disturbed by irregular factors, resulting in the overshooting of the exchange rate, the central bank is ready to maintain the order of the foreign exchange market.

Our balance of payments has been in good shape. Foreign exchange reserves have been building up, resulting in US$261.8 billion at the end of last October, which is enough to cover 16 months of imports. The NT dollar exchange rate is determined by demand and supply of the foreign exchange market. If the foreign exchange market is disturbed by irregular factors, resulting in the overshooting of the exchange rate, the central bank is ready to maintain the order of the foreign exchange market.

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Press Release
Central Bank of China
Release Date: November 5, 2006

Our balance of payments has been in good shape. Foreign exchange reserves have been building up, resulting in US$261.8 billion at the end of last October, which is enough to cover 16 months of imports.

The NT dollar exchange rate is determined by demand and supply of the foreign exchange market. If the foreign exchange market is disturbed by irregular factors, resulting in the overshooting of the exchange rate, the central bank is ready to maintain the order of the foreign exchange market.