Guinea

Foreign Exchange Reserves

1.85
billion currency units
Feb 12Sep 12Apr 13Dec 13Jul 14Feb 15Sep 15Apr 16Dec 16Jul 17Feb 18Sep 18Apr 19Nov 19Jun 20Jan 21Sep 210.00010.0020.0030.0040.00
  • Guinea
  • Global Median
Source: IMF

Global Ranking

140
Slovenia2.21
141
Madagascar2.16
142
Montenegro1.92
144
Rwanda1.86
145
Guinea1.85
146
Cyprus1.55
147
Bahrain1.33
148
Laos1.3
149
Malta1.1
150
Suriname1.02

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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