Benin

Foreign Exchange Reserves

453.4
billion currency units
Oct 09Jul 10Apr 11Jan 12Oct 12Jul 13Apr 14Jan 15Oct 15Jul 16Apr 17Jan 18Oct 18Jul 19Apr 20Jan 21Oct 21Jul 220.000150.00300.00450.00600.00
  • Benin
  • Global Median
Source: IMF

Global Ranking

24
Sweden665.64
25
Denmark573.62
26
Burundi551.75
27
Russia540.69
28
Mali493.2
29
Benin453.4
31
Hong Kong419.2
33
Singapore410.5
34
Malawi374.5

Africa Ranking

5
South Africa1078.62
6
Senegal936.8
7
Burundi551.75
8
Mali493.2
9
Benin453.4
10
Malawi374.5
11
Niger366.3
12
Morocco340.73
13
Mauritius329.11
14
Togo317

News

Definition of Foreign Exchange Reserves

Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

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