|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
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 touch a life-time high of $363.8 billion
Zee News - 6/24/2016 1:33:31 PM
Mumbai: Foreign exchange reserves hit a life-time high ... pound and yen held in the reserves. Gold reserves remained unchanged at USD 20.3 billion. The country's special drawing rights with IMF dipped by USD 1 million to USD 1.5 billion and the reserve ...
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 ...
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.
Issues in Development: The Foreign Exchange Lure, the Other Story!!
Sudan Vision - 6/25/2016 9:03:19 PM
I have tried to reflect on what we have been taught about the exchange rate, the balance of payments, foreign exchange reserves. Moreover I have tried to reflect on what we were used to practice like any other Less Developed Country (LDC) which consumes ...
Future Of The Dollar As World Reserve Currency
Forbes - 10/25/2013 4:26:47 PM
What is a reserve currency? Countries all over the world hold financial reserves, in bonds or money market instruments denominated in some other currency. They also hold gold and Special ... heavily invested in their foreign exchange reserves.
10 countries with largest foreign reserves
Rediff Business - 7/23/2009 11:55:04 PM
Forex reserves include a country's gold holdings ... of foreign currency allow a government to manipulate exchange rates -- to stabilise the foreign exchange rates to create a favourable economic environment. India ranks 5th in the world with a foreign ...
Top 10 Countries With The Largest Gold Reserves
investing.com - 5/25/2016 12:50:22 PM
With the largest holding in the world, the U.S. lays claim to nearly as much gold as the next three countries combined. It also has one of the highest gold allocations as a percentage of its foreign reserves ... the Securities and Exchange Commission ...
10 Countries with Highest Gold Reserves
Silicon India - 4/20/2013 11:58:48 PM
has 3,391.3 tonnes of gold reserves, which are valued at about $125.01 billion. According to the World Gold Council, Germany’s gold coffers account for 72.1 percent of total foreign reserves. Under CBGA 1 and 2, Germany sold gold in order to mint ...
Gold surges amid tumult over Britain’s decision on EU
The Seattle Times - 6/25/2016 7:55:54 AM
“Gold is doing what an asset like gold should do,” said Dominic Schnider, head of commodities and Asia-Pacific foreign exchange of the ... s relationship with the world’s largest trading bloc comes after Federal Reserve policymakers have held fire ...
British bracing for world economy to punish UK for ‘Brexit’
WTOP - 6/26/2016 5:02:55 AM
Sao Paulo's stock exchange was falling at ... Brazil's central bank said on Friday that the country has solid foundations to face the United Kingdom's decision to leave the European Union, with enough foreign reserves to handle possible cash outflows.
Start of a decade of uncertainty or a brave new beginning?
The New Indian Express - 6/26/2016 2:46:54 AM
Foreign exchange reserves would also be used as a secondary buffer ... Talk of a "Bremain bounce" and going back to business as usual have disappeared. But the world has not stopped turning, and the market crash that many predicted in the UK has been ...
The Enormous Political Risk of Saudi Arabia's Oil Reform
The National Interest - 6/24/2016 6:27:01 PM
To do so, the plan’s architect, Deputy Crown Prince Mohammed bin Salman, intends to create the world’s largest sovereign wealth ... In past years, the kingdom could have invested its massive foreign exchange reserves into the same schemes it now ...
Russia And China Want Gold To Diversify Massive Foreign Exchange Reserves
Seeking Alpha - 8/5/2013 7:14:25 PM
The Bank of Russia has purchased almost 20 million troy ounces of gold over the past decade, most of that taking place since 2007. Russia now holds the eighth-largest gold reserves in the world, representing 9% of its total foreign exchange reserves.