Taiwan’s central bank records surplus in Q4 balance of payment

Focus Taiwan
Date: 2016/02/24
By: Chiu Po-sheng and Elizabeth Hsu

Taipei, Feb. 24 (CNA) Taiwan’s central bank on Tuesday reported a surplus of US$1.34 billion in its overall balance of payments in the fourth quarter of last year, reflecting a rise in the bank’s reserve assets.

The Q4 current account posted a surplus of US$20.01 billion, and the financial account showed a net outflow of US$22.04 billion, according to the bank report.

For the year of 2015 as a whole, the current account registered a surplus of US$76.17 billion, the financial account posted a net outflow of US$68.04 billion, and the overall balance recorded a surplus of US$15.01 billion, reflecting an increase in the bank’s reserve assets, the report said.     [SOURCE]

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