align="left">Foreign Exchange Reserves as of the End of November 2017

The foreign exchange reserves of the Republic of China amounted to US$450.47 billion as of the end of November 2017, showing an increase of US$2.68 billion from the figure recorded at the end of the previous month.

The factors responsible for the increase in the foreign exchange reserves in November 2017 are:

1.   Returns from foreign exchange reserves management.

2.   The appreciation of the euro against the US dollar. Foreign exchange reserves denominated in this currency was worth more in terms of the base currency, the US dollar.

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Note: The market value of securities investment and the NTD deposits held by foreign portfolio investors at the end of November 2017 reached US$391.8 billion, equivalent to 87% of   foreign exchange reserves.

Note:

The next dissemination will be made at 16:20 on January 5, 2018;

the advance release calendar can be accessed on our website at: http://www.cbc.gov.tw/np.asp?ctNode=305&mp=1