Foreign exchange reserves excluding gold reached 0.608 USD bil in 2016 in Malawi, according to the National Statistical Office. This is 21 % less than in the previous year.
Historically, foreign exchange reserves excluding gold in Malawi reached an all time high of 0.770 USD bil in 2017 and an all time low of 0.015 USD bil in 1983. When compared to Malawi's main peers, foreign exchange reserves excluding gold in Mozambique amounted to 2.02 USD bil, 42.6 USD bil in South Africa, 4.35 USD bil in Tanzania and 2.35 USD bil in Zambia in 2016.
Malawi has been ranked 134th within the group of 156 countries we follow in terms of foreign exchange reserves excluding gold, 20 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.