|Rank||Country||Reserves of foreign exchange and gold (US$)|
|31||United Arab Emirates||53,590,000,000|
|75||Trinidad and Tobago||10,210,000,000|
|86||Congo, Republic of the||5,886,000,000|
|92||Papua New Guinea||4,445,000,000|
|96||Bosnia and Herzegovina||4,150,000,000|
|140||Congo, Democratic Republic of the||755,700,000|
|160||Sao Tome and Principe||51,470,000|
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, 2012See also: Reserves of foreign exchange and gold map
China should boost gold reserves to 5 per cent, says World Gold Council
Economic Times - 3/26/2015 6:35:07 AM
the World Gold Council (WGC) said. China currently holds about 1.6 per cent of its foreign exchange reserves in gold, which is relatively low compared with developed countries and some developing countries, WGC China managing director Roland Wang said.
China should boost gold reserves to 5% to help diversify currency risks, says World Gold Council
The Global Times - 3/26/2015 1:58:55 PM
the World Gold Council (WGC) said. China currently holds about 1.6 percent of its foreign exchange reserves in gold, which is relatively low compared with developed countries and some developing countries, WGC China Managing Director Roland Wang said.
Foreign currency bonds: Improved rating outlook testament to progress, says Dar
The Express Tribune - 3/26/2015 12:04:24 PM
Pakistan issued $1 billion in five-year Sukuk bonds – the Islamic version of Eurobonds – in November last year to boost foreign exchange reserves. In April 2014, the country issued $2 ... Islamic finance has given the world a viable alternative to ...
20 countries with the largest foreign exchange reserves
Rediff India Abroad - 6/20/2014 8:02:37 AM
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 ...
Why China wants yuan to be the world’s 5th reserve currency
Live Mint - 3/24/2015 4:42:57 AM
Addition to the SDR—created in 1969 to support the Bretton Woods system of fixed exchange rates after supplies of gold and dollars proved inadequate—would add the yuan to the basket of currencies IMF member countries can count toward their official ...
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 ...
The 10 Countries With The Biggest Gold Reserves In The World
The Business Insider - 8/22/2012 10:22:14 AM
We put together a list of the countries with the biggest official gold holdings as reported by the World Gold Council (WGC ... a very small percent of China's $3.2 trillion in foreign exchange reserves, compared with the international average of ...
10 countries with largest foreign reserves
Rediff Business - 7/23/2009 11:55:04 PM
Forex reserves include a country's gold holdings and convertible foreign currencies held in its banks, including special drawing rights and exchange reserve balances ... India ranks 5th in the world with a foreign exchange reserves of $262 billion as ...
Future Of The Dollar As World Reserve Currency
Forbes - 10/24/2013 11:58:56 PM
Countries all over the world hold financial reserves, in bonds or money market instruments denominated in some other currency. They also hold gold ... for foreign currencies. Most countries are now pretty heavily invested in their foreign exchange reserves.
Give China a Reserve Currency
bloombergview.com - 3/24/2015 11:05:20 PM
QuickTake China's Pain Points A new push to establish the renminbi as one of the world's reserve currencies ... in order to boost exports. Foreign investors can trade Shanghai-listed stocks through a link with Hong Kong’s exchange and have greater ...
RBI builds up $338bn forex reserves
Arab News - 3/20/2015 7:56:48 PM
MUMBAI: Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange ... gold imports in 2013, a measure that, combined with the slump in crude prices, helped substantially narrow the ...
The Fall of the Dollar as the World's Primary Reserve Currency
News Max - 7/23/2014 3:12:56 AM
A reserve currency is a foreign currency ... These reserves help countries and their businesses make international transactions easier by avoiding the complications and costs of exchange rates. The British pound sterling was the world’s primary reserve ...
Dawn - 3/23/2015 2:28:08 AM
Brent had rallied by more than $2bpd earlier after the US Federal Reserve indicated ... the pace of reforms in the gold market. It allowed foreign banks to import gold for the first time in 2013 and launched gold-backed exchange traded funds for the ...
Hedging EM? Think Gold.
Automated Trader - 3/24/2015 2:29:56 PM
2 Equity returns based on the corresponding MSCI country ... Gold and currencies: hedging foreign-exchange risk, Gold Investor, Volume 1, January 2013, for more details on the methodology. Source: Bloomberg, Global Financial Data, Thomson Reuters, World ...
Linchpin Politics: The Economic-Foreign Policy Nexus
Econo Monitor - 3/19/2015 3:40:17 PM
There is significant overlap between the economic policies of a country and the ... approximately 85% of all foreign exchange transactions world wide, according to Eichengreen’s book, and accounted for over 60% of global reserves in the third quarter ...