International Monetary Fund
Algeria: Reserve Tranche Position
from January 01, 1997 to December 31, 1997

In exchange for the reserve asset portion of its quota payment, an IMF member acquires a liquid claim on the IMF much like a demand deposit in a commercial bank. This claim is called the member's Reserve Tranche Position, and it is equal to the member's quota minus the IMF's holdings of the member's currency (excluding currency holdings that stem from the member's own use of credit). The reserve tranche position is part of the member country's external reserves.


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(in SDRs)
Date SDR Amount
 December 31, 1997         6,500
 November 30, 1997         6,500
 October 31, 1997         6,500
 September 30, 1997         6,500
 August 31, 1997         6,500
 July 31, 1997         6,500
 June 30, 1997         6,500
 May 31, 1997         6,500
 April 30, 1997         6,500
 March 31, 1997         6,501
 February 28, 1997         6,501
 January 31, 1997         6,501

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Algeria: Financial Position in the Fund