|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
Foreign exchange reserves decline $2 bn on fall in gold's value
articles.economictimes.indiatimes.com - 5/10/2013 7:53:10 PM
MUMBAI: The country's foreign exchange reserves fell by $2 billion during the week ended May 3, as the value of gold in the reserves touched an 18-month low. The value of gold in the reserves dipped by $1.17 billion to touch $23.97 billion as on ...
10 Countries Getting Slammed By The Gold Market Meltdown
The Business Insider - 5/17/2013 3:09:52 AM
In 1997 proposals were announced to sell a portion of the country's gold reserves because they were no longer considered to be "necessary for monetary policy purposes," according to the World Gold Council. In May 2000 the country began selling 1,300 tonnes ...
12 Highest Foreign Exchange Countries
Silicon India - 5/13/2013 10:16:57 AM
Foreign Exchange Reserve is the amount of the currency deposits of the foreign nation in the monetary authority of a nation. India’s financial condition is getting stronger as compared to earlier. Currently, India stands on the tenth rank in ...
As Bank of Japan Exports its Problems, Global Balances Shift
Wall Street Journal - 5/8/2013 3:02:03 PM
The dollar might have stalled in its drive to get above 100 ... With the high-yielding Uruguayan peso rising on big inflows, central bank chief Mario Bergara told The Wall Street Journal he’s not prepared to sacrifice economic growth to ...
National Bank of Serbia : Foreign Exchange Reserve Management Strategy of the National Bank of Serbia
4-traders - 5/13/2013 11:21:23 AM
Pursuant to Article 23, paragraph 1, item 3 of the Law on the National Bank of Serbia (RS Official Gazette, Nos 72/2003, 55/2004, 85/2005 - other law, 44/2010, 76/2012 and 106/2012), and at the proposal of the Executive Board of the National Bank of Serbia ...
PH forex reserves fell in April on soft gold prices
Global Nation - 5/7/2013 1:58:49 PM
The country’s foreign exchange reserves fell slightly in April from the previous month due to declining prices of gold in the world market. The Bangko Sentral ng Pilipinas reported Tuesday that the country’s gross international reserves (GIR ...
Senate Proposes New Sanction to Hit Iranian Foreign Exchange Reserves
NewsMax - 5/9/2013 4:19:37 PM
In a new bid to pressure Iran into negotiations over its nuclear program, a bipartisan group of senators introduced legislation on Wednesday that would deny the Iranian government access to as much as $100 billion in foreign exchange reserves ...
Foreign reserves drop to $83.4b
manilastandardtoday.com - 5/7/2013 3:31:53 PM
Lower prices of gold pulled down the country’s foreign exchange reserves by $600 million to $83.4 billion as of end-April 2013 from $84 billion in March, the Bangko Sentral said Tuesday. “The decline in the reserves level was due mainly to revaluation ...
Senators seek to block Iran from billion-dollar reserves
Yahoo! News - 5/8/2013 6:36:48 PM
WASHINGTON (Reuters) - Legislation introduced by a bipartisan group of U.S. senators on Wednesday would block Iran's access to billions of dollars worth of foreign currency reserves in ... in special accounts in countries that buy Iranian ...
Philippine forex reserves down to 83.38 bln USD in April
Xinhua News Agency - 5/7/2013 7:17:57 AM
At this level, the country's gross ... The value of gold, which accounts for more than a tenth of reserves, decreased 8.9 percent to 9.021 billion U.S. dollars. Payments for maturing foreign exchange obligations of the National Government ...
World’s Biggest Gold Refinery Joins Dillon to Sell Bars in U.S.
Bloomberg - 5/16/2013 9:59:05 AM
Rand Refinery (Pty) Ltd., the world’s biggest gold processor, said it intends to sell bullion bars in the U.S. market as part of a plan to expand processing metals mined outside South Africa and boost silver operations. “The refinery has ...
Russia Upgrades Canadian, Australian Dollar Share in Reserves, Cuts Euro, Yen in 2012
NASDAQ - 5/16/2013 2:59:44 PM
The Bank of Russia increased its share of Australian and Canadian dollars in the foreign-exchange reserves in 2012 at the expense of the euro and the Japanese yen, the central bank said in a report presented to parliament Thursday. The central ...
The architects of high forex reserve
Financial Express - 5/16/2013 6:24:20 AM
The foreign exchange reserve is the accumulated balance of all receipts and payments of a country. Our major receipts are export bills, wage earners' remittances and a few other invisible receipts. Incentives that have so far facilitated exports include (i ...
Alan Greenspan's essay on Gold and Freedom
Stockhouse - 5/15/2013 11:07:41 PM
It is that commodity which serves as a medium of exchange ... in that country will tend to fall, inducing depositors to shift their gold to higher-interest paying banks in other countries. This will immediately cause a shortage of bank reserves in the ...
Where is world’s gold
Rising Kashmir - 5/2/2013 12:00:04 AM
Ordinarily, central bank monetary reserves should be held in an allocated form to identify the country to which it belongs. Conversely speaking, in case the Fed fails, foreign central Bank holding their Gold would be unsecured creditor. The three central ...