Taiwan's foreign exchange reserves fell US$1.51 billion in June from the previous month to US$109.13 billion, the "central bank" said Friday.
The figure was up US$2.38 billion from the level of a year earlier, the bank said in a statement.
The fall in the reserves from the previous month was largely due to the bank's selling of US dollars to support the local currency, which fell along with other regional currencies on the back of a weak Japanese yen, a local analyst said.
Capital outflows and losses from depreciation of the euro and the yen also contributed to the reduction in the reserves, he added.
Taiwan's reserves remain among the world's largest.
(Agencies 07/06/2001)
