Portugal foreign exchange reserves

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Portugal foreign exchange reserves: 34397.57 (7.12%)
Last Update: March 31, 2024

Portugal foreign exchange reserves closed down 34397.57 as of March 31, 2024 from 32111.86 from the previous month and 31954.12 from last year.


Portugal foreign exchange reserves Analytics & Data




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Portugal foreign exchange reserves

DateValues
2024-03-31 34397.57
2024-02-29 32111.86
2024-01-31 32094.95
2023-12-31 31942.15
2023-11-30 31476.31
2023-10-31 31970.72
2023-09-30 30721.84
2023-08-31 31563.06
2023-07-31 31376.88
2023-06-30 31357.99
2023-05-31 32469.04
2023-04-30 31781.72
2023-03-31 31954.12
2023-02-28 30811.8
2023-01-31 31455.66
2022-12-31 30335.41
2022-11-30 29429.17
2022-10-31 29200.03
2022-09-30 30199.84
2022-08-31 30045.89
2022-07-31 28888.63
2022-06-30 29057
2022-05-31 28786.1
2022-04-30 29783.65

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Portugal foreign exchange reserves Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
foreign exchange reservespt.fxreserves34397.5732111.978UPUP542024-03-31

Portugal foreign exchange reserves Factors

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Portugal foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the Portugal foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Portugal foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Portugal foreign exchange reserves

Foreign exchange reserves refer to the assets that a country's central bank holds in foreign currencies to support its currency and maintain stability in the foreign exchange market. Portugal's foreign exchange reserves play a crucial role in ensuring the country's ability to meet its international financial obligations and withstand external economic shocks. These reserves are typically made up of a combination of currencies, gold, and other liquid assets that can be readily used to support the value of the Portuguese currency, the Euro. By having a sufficient level of foreign exchange reserves, Portugal can mitigate the risk of currency depreciation and maintain confidence in its economy among foreign investors and trading partners.

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