Gold and Foreign Exchange Reserves

HM Treasury written question – answered on 6th February 2018.

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Photo of Peter Dowd Peter Dowd Shadow Chief Secretary to the Treasury

To ask Mr Chancellor of the Exchequer, what the value of the UK's foreign exchange reserves was in (a) 2013, (b) 2014, (c) 2015, (d) 2016 and (e) 2017.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The UK’s official reserves consist of foreign exchange reserves, gold and IMF special drawing rights. The value of these at the end of (a) 2013, (b) 2014, (c) 2015, (d), 2016, and (e) 2017 were as follows: -

End of Year

UK Official Reserves

Of which, UK Foreign Exchange Reserves

(a) 2013

$108.8bn

$66.2bn

(b) 2014

$109.1bn

$72.1bn

(c) 2015

$130.5bn

$95.3bn

(d) 2016

$136.6bn

$100.6bn

(e) 2017

$158.6bn

$114.4bn

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