OREANDA-NEWS. The foreign exchange reserves of the Republic of China amounted to US$435.86 billion as of the end of August 2016, showing an increase of US$1.78  billion from the figure recorded at the end of the previous month.

The factors responsible for the increase in the foreign exchange reserves in August  2016  are:

1.    Returns from foreign exchange reserves management.

2.    The appreciation of the euro and other reserve currencies against the US dollar. Foreign exchange reserves denominated in these currencies were worth more in terms of the base currency, the US dollar.