|Rank||Country||Reserves of foreign exchange and gold (US$)|
|33||United Arab Emirates||58,040,000,512|
|76||Trinidad and Tobago||10,069,999,616|
|94||Congo, Republic of the||5,239,000,064|
|95||Bosnia and Herzegovina||5,001,999,872|
|108||Papua New Guinea||2,926,000,128|
|127||Congo, Democratic Republic of the||1,582,000,000|
|164||Saint Vincent and the Grenadines||115,000,000|
|166||Micronesia, Federated States of||75,060,000|
|167||Sao Tome and Principe||46,600,000|
Definition: This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Reserves of foreign exchange and gold map
Forex reserves drops by $149.7 mn on strengthening dollar, foreign fund outflows
Firstpost - 11/28/2015 3:18:13 PM
Mumbai: Strengthening dollar coupled with attempts by the Indian central bank to curb volatility in rupee value depleted India's foreign exchange ... gold and other assest classes ahead of the US rate hike. Furthermore, the country's gold reserves remained ...
China boosts gold reserves by nearly 14 tonnes in October
Economic Times - 11/30/2015 8:49:18 AM
The central bank has been adding between 14 tonnes and 19 tonnes of gold every month, a healthy appetite as the country looks to diversify its foreign exchange reserves ... seen as symbolic coming of age for the world's second-biggest economy.
Should RBI worry about the fall in value of its gold holdings?
Live Mint - 11/25/2015 8:00:57 PM
But should it perturb the country’s central bank? The 557.75 tonnes of gold that RBI holds as part of its overall foreign exchange reserves was ... in its attempts to diversify forex reserves. According to the World Gold Council, emerging market central ...
20 countries with the largest foreign exchange reserves
Rediff India Abroad - 6/20/2014 1:53:22 PM
Foreign exchange reserves include a country's gold holdings and convertible foreign currencies ... China has become one of the world's fastest-growing major economies. As of 2013, it is the world's second-largest economy by both nominal total GDP and ...
Forex reserves down to $352.365 billion
Times of India - 11/27/2015 1:46:21 PM
Last week, reserves had increased by $780.9 million. MUMBAI: Country's foreign exchange reserves declined by USD 149.7 ... held in the reserves. The gold reserves remained unchanged at USD 18.691 billion in the week. India's special drawing rights with ...
Why do countries keep foreign exchange reserves?
The Economic Times - 11/22/2004 12:55:46 AM
In the past, during the Bretton Woods system — an international monetary system formed after the second world war, foreign exchange reserves were used by countries through their ... comprise foreign currency assets, gold and special drawing rights ...
China allows 1st foreign institutions into interbank FX mkt
Money Control - 11/26/2015 5:04:59 AM
The first batch of foreign central banks, sovereign wealth funds and international financial institutions have been registered to enter China's interbank foreign exchange market, the country's central ... Monetary Authority, Reserve Bank of Australia ...
Latest UAE forex, gold rates: Gold falls towards lowest in nearly six years
Emirates247 - 11/27/2015 4:45:19 PM
The Federal Reserve ... Shanghai Gold Exchange, a proxy for physical demand in China, were at $5 an ounce on Tuesday, versus $3-$4 in the beginning of the month. Investment demand, however, was lacklustre. Assets in SPDR Gold Trust, the world's largest ...
Top 10 Countries By Reserves of Foreign Exchange And Gold
Jagran Josh - 9/23/2011 11:53:32 PM
This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
BACKGROUNDER | SDR, the IMF's special international reserve asset
interaksyon.com - 11/29/2015 5:47:22 PM
Initially, the international reserve asset was used to support the fixed exchange rate system set up by the Bretton Woods agreement in 1947, when two key reserve assets, gold and the US dollar, were deemed inadequate to support the expansion of world trade ...
SDR move seen as vote of confidence in China’s leaders
Financial Times - 11/30/2015 12:06:45 AM
Created in 1969 as an alternative to gold as a store for ... for a small proportion of the world’s official reserves. An IMF survey of the fund’s 188 member countries found just 38 held any of their official foreign currency reserves in renminbi ...
RMB Devaluation, Chinese Foreign Reserve and Gold Price
GoldSeek - 8/20/2015 3:50:55 PM
China and India are two of the world’s largest gold consumers ... levels to lessen the reserve bleeding, with the added benefit of reviving export and foreign direct investment. What is the free market RMB to US dollar exchange rate?
Buharinomics: Season of Good News, By Niyi Akinsiju
nigerianmuse.com - 11/29/2015 11:27:58 AM
At the last count, at least, nine World Trade Organisation (WTO) member countries had formally ... aggregate to accretion to its foreign reserve. From a $29billion position at the end of May, 2015, Nigeria’s foreign exchange reserves now stand at a ...
A history of foreign exchange
worldfinance.com - 9/8/2015 11:56:37 PM
Yet, trouble in the system began as military spending, foreign aid and ... Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that survives to this day. Countries around the world have since chosen their ...
Forex reserves down $150 mn to $352 bn
wap.business-standard.com - 11/28/2015 12:04:57 PM
India's foreign exchange ... Gold reserves remained unchanged at $18.7 billion. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and the yen, held in the reserves. The country ...