Taiwan's foreign exchange reserves stood at US$391.235 billion as of the end of June, the fourth highest in the world behind China, Japan, and Russia, the Central Bank of the Republic of China (Taiwan) said Thursday, Taiwan's official Central News Agency reported.
The figure was US$1.96 billion higher than the previous month, due mainly to returns on investment of the reserves as well as the appreciation of major currencies, such as the euro, against the U.S. dollar, said Lin Sun-yuan, director-general of the central bank's Department of Foreign Exchange.