Foreign exchange reserves, billion currency units in Barbados, January 1988 - October 2021:
For that indicator, we provide data for Barbados from January 1988 to October 2021. The average value for Barbados during that period was 0.83 billion Barbados Dollar with a minimum of 0.13 billion Barbados Dollar in September 1991 and a maximum of 2.91 billion Barbados Dollar in August 2021.
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around the world.
Longer historical series
* indicates monthly or quarterly data series
Measure: billion Barbados Dollar
Source: Central Bank of Barbados
Definition: 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.