Foreign exchange reserves, billion currency units in the Gambia, May, 2020
For that indicator, we provide data for the Gambia from June 2004 to May 2020. The average value for the Gambia during that period was 4.84 billion Gambian Dalasi with a minimum of 2.18 billion Gambian Dalasi in February 2016 and a maximum of 13.75 billion Gambian Dalasi in May 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 Gambian Dalasi
Source: Central Bank of the Gambia
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.