Foreign exchange reserves excluding gold reached 27.9 USD bil in 2017 in Hungary, according to the National Statistical Office. This is 7.94 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Hungary reached an all time high of 48.7 USD bil in 2011 and an all time low of 1.07 USD bil in 1990. When compared to Hungary's main peers, foreign exchange reserves excluding gold in Austria amounted to 9.89 USD bil, 148 USD bil in Czech Republic, 109 USD bil in Poland and 2.30 USD bil in Slovakia in 2017.
Hungary has been ranked 46th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 2 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.