Foreign exchange reserves, billion currency units in Papua New Guinea, November 1973 - November 2020
For that indicator, we provide data for Papua New Guinea from November 1973 to November 2020. The average value for Papua New Guinea during that period was 0.99 billion U.S. Dollar with a minimum of 0.02 billion U.S. Dollar in May 1974 and a maximum of 4.41 billion U.S. Dollar in January 2012.
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around the world.
* indicates monthly or quarterly data series
Measure: billion U.S. Dollar
Source: Bank of Papua New Guinea
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.