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Togo

Foreign Exchange Reserves

317
billion currency units
Source: IMF

Global Ranking

33
Singapore399.43
34
Malawi374.5
35
Niger366.3
36
Morocco340.73
37
Brazil325.55
38
Togo317
39
Mauritius286.85
40
Zimbabwe280.74
41
Germany274.42
42
Burkina Faso240.4
43
United States230.15

Africa Ranking

8
Mali493.2
9
Benin453.4
10
Malawi374.5
11
Niger366.3
12
Morocco340.73
13
Togo317
14
Mauritius286.85
15
Zimbabwe280.74
16
Burkina Faso240.4
17
Mozambique205.81
18
Comoros99.73

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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