Foreign exchange reserves excluding gold reached 0.015 USD bil in 1989 in Somalia, according to the National Statistical Office. This is 0.654 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Somalia reached an all time high of 0.126 USD bil in 1978 and an all time low of 0.001 USD bil in 1984. When compared to Somalia's main peers, foreign exchange reserves excluding gold in Djibouti amounted to 0.059 USD bil, 0.046 USD bil in Ethiopia and 0.285 USD bil in Kenya in 1989.
Somalia has been ranked 120th within the group of 132 countries we follow in terms of foreign exchange reserves excluding gold, 12 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.