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Department of Research and Chief Economist (VPS/RES/RES)
Gross international reserves, in number of months of imports of goods and services, end of period. End of period gross international reserves are divided by monthly imports of goods and services, BOP-basis. Imports of goods and services are calculated as the average of the last 12 months (for quarterly data, this entails averaging the last 4 quarters and dividing by 3 in order to obtain monthly averages). International reserves include gold, foreign currency assets, short and long term placements, and other reserve assets.
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