Foreign exchange reserves, billion currency units in Ethiopia, Q1 2007 - Q1 2021:
For that indicator, we provide data for Ethiopia from Q1 2007 to Q1 2021. The average value for Ethiopia during that period was 52.45 billion Ethiopian Birr with a minimum of 7.21 billion Ethiopian Birr in Q2 2007 and a maximum of 120.43 billion Ethiopian Birr in Q3 2020.
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around the world.
Longer historical series
* indicates monthly or quarterly data series
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.