Total Reserves excluding Gold for Islamic Republic of Iran
TRESEGIRM052N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,849.69
Year-over-Year Change
417.42%
Date Range
12/1/1950 - 3/1/1983
Summary
The 'Total Reserves excluding Gold for Islamic Republic of Iran' series measures the total foreign exchange reserves held by the Central Bank of Iran, excluding gold reserves. This metric is closely watched by economists and policymakers as an indicator of Iran's economic stability and ability to withstand external shocks.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the foreign currency assets and other reserve holdings of the Central Bank of Iran, which are critical for financing imports, supporting the exchange rate, and maintaining confidence in the country's financial system. The data is closely monitored by analysts to assess Iran's external position and vulnerability to sanctions or other economic disruptions.
Methodology
The data is collected and reported by the Central Bank of Iran.
Historical Context
Policymakers and investors use this metric to gauge Iran's economic resilience and ability to weather financial crises or trade restrictions.
Key Facts
- Iran's total reserves excluding gold were $115 billion as of 2021.
- Reserves have declined by over 50% since 2018 due to US sanctions.
- Reserves are a key buffer against external shocks for the Iranian economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the total foreign exchange reserves held by the Central Bank of Iran, excluding gold reserves. It is an important indicator of Iran's economic stability and ability to finance imports or support its currency.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and investors as it provides insight into Iran's external financial position and vulnerability to economic shocks or trade restrictions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Central Bank of Iran.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Iran's economic resilience and ability to weather financial crises or trade disruptions, which is crucial for formulating appropriate policy responses.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags or limitations due to sanctions and restrictions on Iran's financial system.
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Citation
U.S. Federal Reserve, Total Reserves excluding Gold for Islamic Republic of Iran (TRESEGIRM052N), retrieved from FRED.