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UK Banking: IMF reserve position of the United Kingdom (UK) 2016-2020

This statistic illustrates the United Kingdom's Reserve Tranche position in the International Monetary Fund (IMF) from January 2016 to August 2020. Reserve Tranche Position is counted among country's foreign exchange reserves. Every country that provides reserve assets to the IMF as part of its quote subscription receives a liquid claim on the IMF, which can be cashed on demand. It can be seen that for the United Kingdom (UK) the amounts in reserve fluctuated overall during the period under observation, reaching a value of approximately 6.95 billion U.S. dollars as of August 2020. The largest value of amounts in reserve was found in March 2016, when reserves of more than 7.4 billion U.S. dollars were recorded.

Reserve tranche position in International Monetary Fund (foreign exchange reserve claim) of the United Kingdom (UK) from January 2016 to August 2020 (in million U.S. dollars)*

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Source

Release date

September 2020

Region

United Kingdom

Survey time period

January 2016 to August 2020

Supplementary notes

* Amounts not seasonally adjusted.
For financing IMF, each member is assigned a quota; the difference between a member's quota and the IMF's holdings of its currency is a country's Reserve Tranche Position (RTP). The reserve tranche portion of the quota can be accessed by the member nation at any time, whereas the rest of the member's quota is typically inaccessible. Further information available here.

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