align="left">Foreign Exchange Reserves as of the End of May 2018

The foreign exchange reserves of the Republic of China amounted to US$457.28 billion as of the end of May 2018, showing an increase of US$144 million from the figure recorded at the end of the previous month.

The level of foreign exchange reserves showed a moderate increase in May because returns from the management of reserve assets were offset by the depreciation of the euro and other reserve currencies against 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 May 2018 reached US$ 395.5 billion, equivalent to 86% of foreign exchange reserves.

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

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