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TAIWAN'S FOREX RESERVES SET NEW HIGH IN SEPTEMBER

(repeat) Taipei, Oct. 5 (CNA) Taiwan's foreign exchange reserves had reached an all-time high of US$261.55 billion as of the end of September, securing its position as the world's third-largest holder of foreign currency reserves behind China and Japan.
According to figures released Thursday by the Taipei-based Central Bank of China (CBC), the September total represented an increase of US$533 million over the August figure.
Lin Sun-yuan, director of the CBC's foreign exchange department, said the increase was mainly due to revenues generated by investment made through the use of the reserves.
He quoted statistics from other governments as showing that South Korea's foreign currency reserves for September stood at US$22.78 billion, and that as of the end of July, China was the world's largest holder of foreign currency reserves, with US$954.5 billion, while Japan's foreign exchange reserves had increased from US$850.6 billion in July to US$857.9 billion in August.
(By Han Nai-kuo) ENDITEM/J