Foreign exchange reserves, billion currency units in Ecuador, January 1960 - December 2021:
For that indicator, we provide data for Ecuador from January 1960 to December 2021. The average value for Ecuador during that period was 1.56 billion U.S. Dollar with a minimum of 0.03 billion U.S. Dollar in January 1961 and a maximum of 7.9 billion U.S. Dollar in December 2021.
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around the world.
Longer historical series
* indicates monthly or quarterly data series
Measure: billion U.S. Dollar
Source: National Institute of Statistics and Census of Ecuador
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.