European Union Reserves of foreign exchange and gold

Factbook > Countries > European Union > Economy

Reserves of foreign exchange and gold: $812.1 billion (31 December 2011)
note: this includes reserves held by the European Central Bank and euro-zone national central banks; it excludes reserves for non-euro-area members of the EU

Definition: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of February 21, 2013

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