TABLE 6.16
                        Foreign Exchange Reserves in Selected Countries, 1990-96
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	Country		1990	1991	1992	1993	1994	1995	1996
						   	   	      (Latest)
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			                (US$ million)
	India		 1205	 3580	 5461	 9807	19386	17467	19742@
	China*		28594	42664	19443	21199	51620	73579	98850
	Indonesia	 7353	 9151	10181	10988	11820	13306	15058
	Malaysia	 9327	10421	16784	26814	24888	22945	25214
	South Korea	14459	13306	16639	19704	25032	31928	32318
	Thailand	13247	17287	20012	24078	28884	35463	38029
	Taiwan2		35790	40275	43534	44295	43380	40871	40100
	                             Import cover, number of months
	India		 0.6	 2.1	 2.8	 5.2	 8.7	 6.1	 6.7
	China		 6.5	 8.2	 3.1	 2.5	 5.4	 6.8	 9.2
	Indonesia	 4.0	 4.2	 4.5	 4.7	 4.4	 3.9	 4.4
	Malaysia	 3.8	 3.4	 5.1	 7.0	 5.0	 3.5	 3.9
	South Korea	 2.5	 2.0	 2.4	 2.8	 2.9	 2.8	 2.9
	Thailand	 4.8	 5.5	 5.9	 6.3	 6.4	 6.0	 6.5
	Taiwan		 7.8	 7.7	 7.2	 6.9	 6.1	 4.7	 4.6
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*	Prior to 1992, foreign exchange included foreign exchange holdings of
        the Bank of China also; from 1992, figures include foreign exchange
        holdings of the People's Bank of China only.
#	Total reserves minus gold
@	Foreign exchange reserves as at the end of December, 1996.
Source : International Financial Statistics, IMF.
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From the database of Ministry of Finance disseminated on Internet through NICNET