Foreign exchange reserves excluding gold reached 16.0 USD bil in 2017 in Uruguay, according to the National Statistical Office. This is 18.5 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Uruguay reached an all time high of 17.5 USD bil in 2014 and an all time low of 0.009 USD bil in 1960. When compared to Uruguay's main peers, foreign exchange reserves excluding gold in Argentina amounted to 53.0 USD bil, 371 USD bil in Brazil, 39.0 USD bil in Chile and 7.54 USD bil in Paraguay in 2017.
Uruguay has been ranked 56th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 25 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.