Taiwan’s central bank announced today (5) that my country’s foreign exchange reserves at the end of December were US$554.932 billion, an increase of US$2.731 billion from the end of last month, a record high and an increase of US$6.524 billion from the end of last year.
Cai Jiongmin, head of the central bank’s foreign exchange bureau, said that foreign investors remitted about US$3 billion in aggregated surplus in December, which would not be much different from the amount of about 80 billion yuan that foreign investors sold over Taiwan stocks in December.
According to the statistics of the central bank, as of the end of December, the domestic stocks and bonds held by foreign capital were calculated based on the market price of the day. Together with their NT dollar deposit balance, they were equivalent to 459.6 billion US dollars, a decrease of 55.2 billion US dollars from the previous month, which was about 83% of the foreign exchange reserves. The tone slipped 10 percentage points.
However, Cai Jiongmin explained that the increase in foreign exchange reserves in December not only reflected the investment income of foreign exchange reserves, but also reflected the exchange rate changes of major currencies against the U.S. dollar. Among them, the U.S. dollar index continued to fall by 2.29%. In contrast, major non-U.S. currencies continued to rise, and the euro appreciated by 3.01%. , The British pound rose 0.56%, the Australian dollar appreciated 1.14%, the Canadian dollar appreciated 0.12%, the Japanese yen appreciated 4.59%, the New Taiwan dollar appreciated 0.49%, and the renminbi also rose 2.43%.
Cai Jiongmin emphasized that the financial market was relatively stable in December, with little change in the New Taiwan dollar and small changes in the stock and foreign exchange markets as a whole. In terms of the whole year, my country’s foreign exchange reserves increased by US$6.524 billion compared with the previous year, mainly due to interest.
Looking at the foreign exchange reserves of various countries, China’s latest statistics reached US$3.1175 trillion by the end of November, a monthly increase of US$65 billion; Japan’s reached US$1.1052 trillion, a monthly increase of US$26.9 billion; Arab US$447.4 billion, a monthly increase of US$7.3 billion, Hong Kong US$407.1 billion, a monthly increase of US$11.1 billion; South Korea reached US$399 billion in December, a monthly increase of US$6.7 billion, while India reached US$498.5 billion on December 28, Monthly increase of 11.2 billion US dollars.