
Germany: Foreign exchange reserves
* indicates monthly or quarterly data series
Germany |
Foreign exchange reserves, billion currency units |
---|---|
Latest value | 280.82 |
Reference | June 2023 |
Measure | billion Euro |
Source | Deutsche Bundesbank |
For that indicator, we provide data for Germany from December 1998 to June 2023. The average value for Germany during that period was 145.46 billion Euro with a minimum of 71.34 billion Euro in December 2004 and a maximum of 290.37 billion Euro in May 2023.
Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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Measure: billion Euro
Source: Deutsche Bundesbank
Source: Deutsche Bundesbank
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.