The composition of official foreign exchange reserves grew by percent between 2022 and 2023, after a sizable decline in 2022. Forex reserves refer to foreign-currency deposits held by monetary authorities and governments. Most of these reserves are made up of the U.S. dollar, although the euro and the Japanese yen did gain more prominence recently. In 2023, global currency reserves amounted to over **** trillion U.S. dollars.
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IMF. (March 31, 2025). Development of global currency reserves from 1995 to 2024 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 22, 2026, from /statistics/247281/development-of-foreign-exchange-reserves-worldwide/
IMF. "Development of global currency reserves from 1995 to 2024." Chart. March 31, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 22, 2026. /statistics/247281/development-of-foreign-exchange-reserves-worldwide/
IMF. (2025). Development of global currency reserves from 1995 to 2024. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 22, 2026. /statistics/247281/development-of-foreign-exchange-reserves-worldwide/
IMF. "Development of Global Currency Reserves from 1995 to 2024." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 31 Mar 2025, /statistics/247281/development-of-foreign-exchange-reserves-worldwide/
IMF, Development of global currency reserves from 1995 to 2024 ÌÇÐÄÆÆ½â°æ, /statistics/247281/development-of-foreign-exchange-reserves-worldwide/ (last visited July 22, 2026)
Development of global currency reserves from 1995 to 2024 [Graph], IMF, March 31, 2025. [Online]. Available: /statistics/247281/development-of-foreign-exchange-reserves-worldwide/