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Taiwan’s foreign exchange reserves last month rose to US$542.98 billion, an increase of US$1.87 billion from one month earlier, as other major reserve currencies gained value against the greenback, the central bank said yesterday. The increase also had to do with the central bank’s foreign exchange reserves management skills, Department of Foreign Exchange Director-General Eugene Tsai (蔡炯民) told an online news conference. “The local foreign exchange market looked stable and balanced, judging by capital movements,” Tsai said, adding that there was no need for intervention. There was a net fund inflow of US$990 million, even though foreign portfolio managers wired US$2.2 billion in

United kingdomEugene tsaiDepartment of foreign exchangeCrystal hsuForeign exchange director general eugene tsaiThe taipei timesஒன்றுபட்டது கிஂக்டம்யூஜின் ட்‌ஸைதுறை ஆஃப் வெளிநாட்டு பரிமாற்றம்படிக ஶூதி தைப்பே முறை