The foreign-exchange reserve

 

THE FOREIGN-EXCHANGE RESERVE
Table 9
Kr. million
Gold
Foreign assets
Assets deposited with the European Monetary Institute
Claims ontheIMF, etc.1
Totalgross
Foreign liabilities
Totalnet2
1995
3,531
53,577
4,521
4,177
65,806
2,200
63,606
1996
3,652
73,624
4,979
4,598
86,853
1,634
85,219
1997
3,331
115,844
4,790
6,602
130,567
876
129,691
1998
3,934
89,416
·
9,330
102,680
1,253
101,427
1999
4,567
154,715
·
8,441
167,724
2,425
165,299
2000
4,683
110,851
·
5,127
120,661
3,143
117,517
2001
4,979
138,633
·
8,549
152,161
3,734
148,427
2002
5,196
183,034
·
8,268
196,498
3,311
193,187
2003
5,298
214,441
·
7,416
227,155
2,976
224,179
2004
5,124
208,456
·
5,684
219,264
1,633
217,631
2005
6,941
204,204
·
3,557
214,703
2,391
212,312
2004  Jan
5,298
202,593
·
7,302
215,193
631
214,562
           Feb
5,298
194,432
·
7,102
206,832
429
206,403
           Mar
5,300
203,866
·
6,813
215,979
488
215,491
           Apr
5,304
211,485
·
6,818
223,607
530
223,076
           May
5,304
214,422
·
6,833
226,559
685
225,873
           Jun
5,304
216,431
·
6,788
228,523
910
227,613
           Jul
5,304
217,147
·
6,697
229,148
1,146
228,002
           Aug
5,304
217,975
·
6,587
229,866
1,317
228,548
           Sep
5,304
214,956
·
6,410
226,669
1,665
225,005
           Oct
5,304
211,662
·
6,137
223,103
1,943
221,161
           Nov
5,304
208,451
·
6,118
219,873
2,250
217,623
           Dec
5,304
208,143
·
5,919
219,366
1,637
217,730
2005  Jan
5,124
213,577
·
5,673
224,374
750
223,624
           Feb
5,124
213,997
·
5,580
224,701
637
224,064
           Mar
5,124
225,235
·
5,580
235,938
848
235,091
           Apr
5,124
216,794
·
5,246
227,164
375
226,789
           May
5,124
223,418
·
5,148
233,690
553
233,137
           Jun
5,124
227,136
·
4,748
237,007
705
236,302
           Jul
5,124
215,966
·
4,701
225,791
684
225,107
           Aug
5,124
216,252
·
4,712
226,088
728
225,360
           Sep
5,124
217,177
·
4,712
227,013
1,518
225,495
           Oct
5,124
201,607
·
4,708
211,439
1,519
209,920
           Nov
5,124
197,770
·
4,194
207,089
2,122
204,967
           Dec
5,124
202,594
·
3,208
210,926
2,391
208,535
Note: End of period. The annual figures are from the annual accounts of Danmarks Nationalbank. The monthly figures – also at end-December – are from the monthly balance sheets.

1 Danmarks Nationalbank's account with the International Monetary Fund is specified in Table 10.
2 As a result of exchange-rate adjustments the foreign-exchange reserve declined by kr. 3,841 million in 1995, increased by kr. 765 million in 1996, by kr. 1,454 million in 1997, by kr. 913 million in 1998, declined by kr. 366 million in 1999, by kr. 4,821 million in 2000, increased by kr. 3,437 million in 2001, declined by kr. 699 million in 2002, increased by kr. 161 million in 2003, declined by kr. 99 million in 2004 and increased by kr. 3,777 million in 2005.

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