Foreign exchange reserves excluding gold reached 0.785 USD bil in 2017 in Luxembourg, according to the National Statistical Office. This is 11.9 % less than in the previous year.
Historically, foreign exchange reserves excluding gold in Luxembourg reached an all time high of 0.901 USD bil in 2011 and an all time low of 0.029 USD bil in 1984. When compared to Luxembourg's main peers, foreign exchange reserves excluding gold in Belgium amounted to 16.7 USD bil, 54.8 USD bil in France, 59.4 USD bil in Germany and 12.9 USD bil in Netherlands in 2017.
Luxembourg has been ranked 125th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 31 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.