Foreign exchange reserves excluding gold reached 0.308 USD bil in 2017 in Cyprus, according to the National Statistical Office. This is 2.63 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Cyprus reached an all time high of 6.12 USD bil in 2007 and an all time low of 0.027 USD bil in 1960. When compared to Cyprus's main peers, foreign exchange reserves excluding gold in Egypt amounted to 33.2 USD bil, 3.10 USD bil in Greece, 113 USD bil in Israel and 84.1 USD bil in Turkey in 2017.
Cyprus has been ranked 144th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 71 places behind the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.