Foreign exchange reserves, billion currency units in Euro area, August, 2020
For that indicator, we provide data for Euro area from December 1999 to August 2020. The average value for Euro area during that period was 518.2 billion Euro with a minimum of 280.96 billion Euro in December 2004 and a maximum of 923.07 billion Euro in July 2020.
Click on the following link to see the values of Foreign exchange reserves, billion currency units
around the world.
* indicates monthly or quarterly data series
Measure: billion Euro
Source: European Central Bank
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.