The foreign-exchange reserve

 

THE FOREIGN-EXCHANGE RESERVE
Table 9
Kr. million
Gold
Foreign assets
Assets deposited with the European Monetary Institute
Claims on the
IMF, etc.1
Total
gross
Foreign
liabilities
Total
net2
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
2006
7,700
164,556
·
3,189
175,446
3,729
171,717
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
2006  Jan
6,941
204,723
·
2,325
213,989
889
213,101
           Feb
6,941
173,856
·
2,325
183,122
1,057
182,065
           Mar
6,941
174,245
·
2,245
183,431
1,048
182,383
           Apr
6,941
174,059
·
2,439
183,439
1,052
182,388
           May
6,941
174,194
·
2,443
183,579
1,418
182,161
           Jun
6,941
174,804
·
2,233
183,978
1,159
182,819
           Jul
6,941
174,324
·
2,233
183,499
1,306
182,192
           Aug
6,941
172,171
·
2,558
181,671
1,631
180,040
           Sep
6,941
172,806
·
2,610
182,357
2,196
180,162
           Oct
6,941
172,668
·
2,697
182,306
2,758
179,548
           Nov
6,941
173,848
·
2,608
183,398
3,221
180,176
           Dec
6,941
165,279
·
3,332
175,552
3,743
171,809
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. In the period end-2001-December 2006 including lending to the Poverty Reduction and Growth Facility Trust.
2    As a result of exchange-rate adjustments the foreign-exchange reserve 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, increased by kr. 3,777 million in 2005, and declined by kr. 92 million in 2006.

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