ECB foreign exchange interventions

Quarterly reports

The ECB began publishing quarterly data on its foreign exchange interventions (FXIs) in May 2020. The aim of this reporting is to enhance transparency while safeguarding the ECB’s ability to carry out interventions in the foreign exchange market in an effective manner.

The exchange rate of the euro is not a policy target for the ECB. Thus far it has only intervened in the foreign exchange market in 2000 and 2011, and when it does so it acts either alone (in a so-called unilateral intervention) or together with other central banks (in a so-called coordinated intervention).

The following tables show the details of the ECB’s historical interventions in the foreign exchange market, as well as the information for the four most recent quarters. The tables are updated with a delay of one quarter.

Data

Quarterly time series of ECB foreign exchange interventions