Foreign exchange reserves excluding gold reached 48.9 USD bil in 2017 in Italy, according to the National Statistical Office. This is 9.19 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Italy reached an all time high of 62.9 USD bil in 1990 and an all time low of 1.05 USD bil in 1960. When compared to Italy's main peers, foreign exchange reserves excluding gold in Austria amounted to 9.89 USD bil, 54.8 USD bil in France, 0.758 USD bil in Slovenia and 768 USD bil in Switzerland in 2017.
Italy has been ranked 35th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 3 places above 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.