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.
* indicates monthly or quarterly data series
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.