MAX Logo
MAX Logo

Data

InflationHousing
YouTubeXInstagramTikTok
Luxembourg flag

Luxembourg

Foreign Exchange Reserves

2.75
billion currency units
Source: IMF

Global Ranking

132
Zambia3.01
133
Aruba2.98
134
El Salvador2.91
135
Mongolia2.79
135
Barbados2.79
137
Luxembourg2.75
138
Kyrgyzstan2.5
139
Estonia2.31
140
Slovenia2.19
141
Madagascar2.16
142
Montenegro1.92

Europe Ranking

32
Georgia4.39
33
Moldova4.32
34
Latvia4.31
35
Macedonia3.75
36
Armenia3.63
37
Luxembourg2.75
38
Estonia2.31
39
Slovenia2.19
40
Montenegro1.92
41
Cyprus1.55
42
Malta1.11

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.

Related Indicators