Foreign Exchange Reserves, Including Gold (Months of Imports) in Senegal

Foreign exchange reserves, including gold in terms of months of imports reached 3.10 months in 2014 in Senegal, according to the National Statistical Office. This is 9.47 % less than in the previous year.

Historically, foreign exchange reserves, including gold in terms of months of imports in Senegal reached an all time high of 4.72 months in 2004 and an all time low of 0.097 months in 1993. When compared to Senegal's main peers, foreign exchange reserves, including gold in terms of months of imports in Gambia amounted to 3.99 months, 3.75 months in Guinea, 1.74 months in Mali and 1.99 months in Mauritania in 2014.

Senegal has been ranked 95th within the group of 158 countries we follow in terms of foreign exchange reserves, including gold in terms of months of imports, 44 places behind the position seen 10 years ago.

Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities.

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