Foreign exchange reserves, billion currency units
| Latest value
||billion Ethiopian Birr
||National Bank of Ethiopia
For that indicator, we provide data for Ethiopia from Q1 2007 to Q1 2022. The average value for Ethiopia during that period was 55.39 billion Ethiopian Birr with a minimum of 7.21 billion Ethiopian Birr in Q2 2007 and a maximum of 125.86 billion Ethiopian Birr in Q2 2021.
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around the world.
Longer historical series
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Measure: billion Ethiopian Birr
Source: National Bank of Ethiopia
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.