Benin: Foreign exchange reserves

(measure: billion CFA Franc, source: Central Bank of West African States)
* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units in Benin, December, 2019: For that indicator, Central Bank of West African States provides data for Benin from September 2016 to December 2019. The average value for Benin during that period was 49.23 billion CFA Franc with a minimum of 33.5 billion CFA Franc in November 2017 and a maximum of 73.7 billion CFA Franc in December 2019. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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Measure: billion CFA Franc
Source: Central Bank of West African States

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.
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