Taiwan's Foreign Exchange Reserves Rise to $602.49 Billion at April's End

-- Taiwan's foreign exchange reserves climbed to $602.49 billion at the end of April, marking an increase of $5.6 billion from the previous month, the Central Bank of the Republic of China (Taiwan) reported Wednesday.

The central bank attributed the gain primarily to returns generated from managing and investing its reserve assets, alongside valuation changes driven by movements in major currencies against the U.S. dollar.

Authorities also noted that market operations were conducted during the month to stabilize the foreign exchange market and ensure orderly conditions.