Montenegro

Foreign Exchange Reserves

1.92
billion currency units
Source: IMF

Global Ranking

137
Luxembourg2.75
139
Estonia2.31
140
Slovenia2.19
141
Madagascar2.16
142
Montenegro1.92
144
Rwanda1.86
145
Guinea1.85
146
Bahrain1.59
147
Cyprus1.55

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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