Malawi

Foreign Exchange Reserves

374.5
billion currency units
Jan 08Oct 08Jul 09Apr 10Jan 11Oct 11Jul 12Apr 13Feb 14Nov 14Sep 15Jun 16Mar 17Feb 18Feb 19Apr 20Jan 21Apr 220.000200.00400.00600.00800.00
  • Malawi
  • Global Median
Source: IMF

Global Ranking

29
Benin453.4
31
Hong Kong419.2
33
Singapore399.43
34
Malawi374.5
35
Niger366.3
36
Morocco340.73
37
Brazil325.55
38
Togo317
39
Mauritius286.85

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
Togo317
14
Mauritius286.85
15
Zimbabwe280.74

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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