Foreign exchange reserves excluding gold reached 20.7 USD bil in 2017 in New Zealand, according to the National Statistical Office. This is 16.1 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in New Zealand reached an all time high of 20.7 USD bil in 2017 and an all time low of 0.161 USD bil in 1968. When compared to New Zealand's main peers, foreign exchange reserves excluding gold in Australia amounted to 63.6 USD bil, 127 USD bil in Indonesia, 101 USD bil in Malaysia and 73.2 USD bil in Philippines in 2017.
New Zealand has been ranked 49th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 1 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.