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Business & Finance

Taiwan February forex reserves rise to $390.7 billion

TAIPEI : Taiwan ’s foreign exchange reserves stood at $390.69 billion at the end of February, the  central bank said on
Published Updated

TAIPEI: Taiwan’s foreign exchange reserves stood at $390.69 billion at the end of February, the  central bank said on Friday, citing appreciation of the euro and other currencies against the U.S. dollar and gains from foreign reserves management.

Taiwan's reserves are the world's fourth-largest after China, Japan and Russia.

 

Copyright Reuters, 2011

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