Foreign exchange reserves excluding gold reached 1.08 USD bil in 2017 in Montenegro, according to the National Statistical Office. This is 27.2 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Montenegro reached an all time high of 1.08 USD bil in 2017 and an all time low of 0.058 USD bil in 2002. When compared to Montenegro's main peers, foreign exchange reserves excluding gold in Albania amounted to 3.52 USD bil, 6.35 USD bil in Bosnia and Herzegovina, 18.8 USD bil in Croatia and 11.1 USD bil in Serbia in 2017.
Montenegro has been ranked 119th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 17 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.