Taipei  - Taiwan's foreign currency reserves hit 289.3 billion US dollars by the end of April, the world's fifth-largest after those of China, Japan, Russia and India, the central bank said on Monday.

Taiwan's April foreign currency reserves increased by 2.5 billion US dollars from March amid the accumulation of interest and the remittance back to Taiwan of Taiwanese life insurance firms' overseas investments, the central bank said. (dpa)