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Overseas Reserves

New Zealand's official external reserves, as shown in the following table, include the net overseas assets of RBNZ, overseas domiciled securities held by the Government and the reserve position at the IMF. New Zealand's quota at the IMF was SDR 895 million as of 30 June 2013 (approximately $1,730 million).

Table 19 - Overseas Reserves
Last Balance Day in June
(dollar amounts in millions)
Reserve Bank Overseas Reserves1 Treasury Overseas Reserves Reserve Position at IMF2 Special Drawing Rights Total Official Reserves
2009 16,996.8 2,822.8 413.1 33.9 20,266.6
2010 19,724.3 2,755.2 370.6 1,822.0 24,672.1
2011 21,795.0 2,475.0 510.0 1,650.0 26,430.0
2012 19,305.0 3,853.0 663.0 1,578.0 25,399.0
2013 19,334.0 1,041.0 713.0 1,570.0 22,658.0
  1. Comprises foreign-exchange reserves and overseas investments of the RBNZ.
  2. Equal to New Zealand's quota, less its New Zealand currency subscriptions and any reserve tranche drawings.

Sources: RBNZ, the Treasury

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