France Forex Reserves Hit New All-Time High

France’s official reserve assets fell to €390.63 billion at the end of March 2026 from a record €421.57 billion in February. The €30.94 billion decrease was largely due to a decline in gold reserves, falling to $312.91 billion from €345.87 billion in February. On the other hand, increases were recorded in foreign currency reserves (€32.30 billion vs €31.01 billion), claims on the IMF (€38.86 billion vs €38.23 billion), and other reserve assets (€6.57 billion vs €6.46 billion). In March 2025, the reserves stood at €305.12 billion.

France’s official reserve assets rose to €421.57 billion at the end of February 2026 from €409.26 billion in January, reaching a new high since records began in 1972. The increase was driven mainly by a rise in gold reserves to €345.87 billion from €334.05 billion in January, while foreign currency reserves also grew modestly to €31.01 billion from €30.55 billion. Claims on the IMF increased slightly to €38.23 billion from €38.20 billion, whereas other reserve assets edged down marginally to €6.46 billion from €6.46 billion. Overall, gold continues to be the primary contributor to France’s reserve growth, while foreign currency holdings and IMF claims added modest gains.

France’s official reserve assets increased to €409.26 billion in January 2026, reaching a fresh record high, from €362.74 billion in December. This represents a rise of €46.52 billion, driven by increases in gold reserves (€334.05 billion vs €287.48 billion in December) and foreign currency reserves (€30.55 billion vs €30.36 billion). On the other hand, declines were seen in claims on the IMF (€38.20 billion vs €38.41 billion) and other reserve assets (€6.46 billion vs €6.49 billion). In January 2025, the reserves stood at €292.59 billion.