France Foreign Exchange Reserves

In France, the international reserves include external assets that are directly and effectively controlled by the Banque de France, readily available, denominated in foreign currency and meeting the criterion of residency. Only claims on nonresident of the Euro-area are considered as reserve assets. The international reserve assets are recorded on the basis of gross reserve asset concept.

Source: Ministere de l'Économie, des Finances, de l'Action et des Comptes publics, France