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15 May | Euro

European Union. Reserve Assets Total. The value of the indicator has decreased from 1908.12B to 1888.23B

EURRUB
EURJPY
EURGBP
EURUSD
EURCAD

A report on this calendar event is released monthly by the European Central Bank.

International reserves are highly liquid foreign assets controlled by the ECB. These reserves may be used to regulate currency exchange rates, as well as to pay for imported goods and services.

The increase in reserves indicates the strengthening of the country’s financial security.

A decrease of the indicator value may contribute to the fall in quotes of EUR.

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