Madagascar: Foreign exchange reserves

(measure: billion U.S. Dollar, source: International Monetary Fund)
* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units in Madagascar, January, 2020: For that indicator, International Monetary Fund provides data for Madagascar from September 1994 to January 2020. The average value for Madagascar during that period was 0.57 billion U.S. Dollar with a minimum of 0.01 billion U.S. Dollar in September 1994 and a maximum of 1.83 billion U.S. Dollar in August 2019. 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 U.S. Dollar
Source: International Monetary Fund

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.
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