Libya

Foreign Exchange Reserves

77.53
billion currency units
Source: IMF

Global Ranking

59
Comoros99.73
61
Spain88.84
62
Australia83.58
63
Ethiopia83.38
64
Libya77.53
65
Vanuatu74.26
66
Peru74.03
67
Bulgaria69.73
68
Cape Verde69.53
69
Botswana60.5

Africa Ranking

15
Zimbabwe280.74
17
Mozambique205.81
18
Comoros99.73
19
Ethiopia83.38
20
Libya77.53
21
Cape Verde69.53
22
Botswana60.5
24
Namibia46.99
25
Nigeria38.29

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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