Foreign Exchange Reserves as at the End of
December 2010

The foreign exchange reserves of the Republic of China amounted to US$382.01 billion at the end of December 2010, showing an increase of US$2.75 billion from the figure recorded at the end of the previous month.

The main factors responsible for the increase in foreign exchange reserves in December 2010 are：
1. The EUR 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.
2. Returns from foreign exchange reserves management.
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Note: The market value of securities investment and deposits held by foreign portfolio investors reached USD237.5 billion at the end of 2010.

Note: The next dissemination will be made at 16:20 p.m. on February 8, 2011;
the advance release calendar can be accessed on our website at:
http://www.cbc.gov.tw/ct.asp?xItem=30164&ctNode=515&mp=2