|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
Depreciating dollar, RBI investment returns hike foreign reserves
Deccan Herald - 5/23/2015 12:28:40 PM
According to the data furnished by the Reserve Bank of India (RBI) in its weekly statistical supplement, India's total foreign exchange reserves grew by ... 329.12 billion in the week under review. The country's gold reserves remained stagnant at $19.33 ...
China Launches Gold Fund Exclusive For Countries Along Ancient Silk Road
morningnewsusa.com - 5/25/2015 12:33:27 PM
China has launched a gold ... Exchange (SGE). About 60 of the 65 total nations along the Silk Road Economic Belt and 21st-Century Maritime Silk Road have invested in the fund. Many of the countries found along this route were identified as important ...
Kyrgyzstan's gold reserves drop
Azer News - 5/27/2015 9:46:26 AM
If there are fluctuations in the exchange rate, the National Bank comes out with interventions," said Abdygulov. All central banks in the CIS- countries have ... affected the volume of gold reserves. Kyrgyzstan ranks 86 in the world according to the ...
Dawn - 5/25/2015 1:42:03 AM
QATAR, the world’s largest exporter of ... on infrastructure such ports and railways. Foreign exchange reserves, currently around $42bn, provide an import cover of over seven months. In addition, the country’s sovereign wealth fund, managed by the ...
China sets up "largest" gold fund for nations along Silk Road
Economic Times - 5/24/2015 4:45:11 PM
BEIJING: China, the world's biggest gold producer, has set up a gold sector fund involving countries along the ancient Silk Road which is expected to raise $16.1 billion. The fund, led by Shanghai Gold Exchange ... as important reserve bases and consumers ...
China Creates Gold Investment Fund For Central Banks
GoldSeek - 5/25/2015 11:32:01 PM
China has announced the establishment of a new international gold fund with over 60 countries as members ... and yet gold buying remains small when compared to the huge foreign exchange reserves built up in the last 20 years. For 17 consecutive quarters ...
U.S. indicts world soccer officials in alleged $150 million FIFA bribery scandal
Washington Post - 5/27/2015 10:29:23 AM
Critics have questioned the decision to award Russia the World Cup when the country ... secure votes in exchange for money. Hussein said he took the information to the police. Brian Murphy joined the Post after more than 20 years as a foreign correspondent ...
The irresistible rise of the renminbi and the IMF
Japan Times - 5/27/2015 9:03:29 AM
The renminbi is already a major currency for world ... international reserve system’s inadequacy when it comes to ensuring sufficient liquidity for emerging economies. Although emerging economies have since accumulated larger foreign-exchange reserves ...
Forex reserves at all-time high of $354 bn
Rediff India Abroad - 5/22/2015 4:33:14 PM
India's foreign exchange ... the yen held in the reserves. The gold reserves remained stable at $19.335 billion. The special drawing rights with the International Monetary Fund were up by $27.8 million to $4.090 billion, while the country's reserve ...
India launches cash for gold scheme
worldfinance.com - 5/26/2015 10:09:06 AM
After fuel, the precious metal is the country’s largest import, with nearly 900 tonnes of gold imported annually, making it the world’s ... institutions cash reserve, allowing it to increase lending as well as being exchanged for foreign currency.
The Gold Newsletter – Gold Once Again Weakens over Dollar Strength
CoinWeek LLC - 5/27/2015 4:34:28 PM
Gold ... fund – 60 countries to develop gold mining projects – Allow member central banks to have easier access to gold – Gold to be traded on increasingly important Shanghai Gold Exchange – Another important step in making yuan reserve currency ...
What India’s Gold Monetization Program Means for You
The Wall Street Journal - 5/27/2015 2:36:56 AM
If the government is able to put the stockpiles of idle gold to use, it could help curb imports, which currently stand at nearly 1,000 tons annually and reduce the country’s need for foreign exchange reserves. What’s the rate of interest? The rate will ...
Is China Backing the Yuan with Gold?
Wealth Daily - 5/26/2015 1:36:41 PM
Some have gone so far as to predict that the Chinese yuan will take over the U.S. dollar as the world’s reserve currency ... to create an exchange rate of one ounce of gold for every $64,000, the country would need about 10,000 metric tons of the ...
Get the best exchange rate when transferring money
Al Bawaba - 5/27/2015 2:58:25 AM
Most expats here in the UAE will, on a regular or irregular basis, have cause to send funds overseas — most likely to their country of ... in the markets. The foreign exchange market is the largest liquid financial market in the world, with traders ...
UAE- India's proposed gold deposit scheme could be a game changer worldwide
MENAFN - 5/27/2015 4:52:57 AM
If the much-vaunted gold deposit scheme that seeks to tap into the country ... cash reserve ratio and statutory liquidity ratio requirements which would help release funds for onward lending. They may also sell thegoldmobilised to generate foreign ...