|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.
Foreign exchange rises to all-time high of $340 billion
Daily News and Analysis - 3/27/2015 8:28:27 AM
India's foreign exchange reserves ... held in the reserves. However, the massive decline in the country's reserve position with the IMF, which was down US $295.8 million to US $1.289 billion. The country's gold reserves remained unchanged at US $19.837 ...
CNIC No. to replace NTN: Dar Forex reserves to hit $18.2bn by year end
Dawn - 3/27/2015 1:47:36 AM
KARACHI: Finance Minister Ishaq Dar said on Thursday that country’s foreign exchange reserves ... activities and the depleted reserves for less than six weeks imports promoted an idea of disintegration of Pakistan in the world. After coming into power ...
Forex Reserves Swell to All-Time High of $340 Billion
NDTV - 3/27/2015 2:40:41 PM
Mumbai: India's foreign exchange reserves ... held in the reserves. However, the massive decline in the country's reserve position with the International Monetary Fund (IMF), which was down $295.8 million to $1.289 billion. Gold reserves remained unchanged ...
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 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 ...
Foreign currency bonds: Improved rating outlook testament to progress, says Dar
The Express Tribune - 3/26/2015 9:44:13 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 ...
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 ...
Nigeria seeks fresh $2b facilities from World Bank, AfDB
World Stage - 3/26/2015 10:20:00 PM
We are negotiating for $2 billion that will come in foreign exchange ... buy more of what is made locally in our own country and reduce the demand of things made outside, that means that we can increase our reserves. The Central Bank does not have to ...
Future Of The Dollar As World Reserve Currency
Forbes - 10/25/2013 4:26:47 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.
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 ...
Jaguar Mining Increases Reserves by 51% and Grade by 75% at the Turmalina Mine
SYS-CON Media - 3/25/2015 7:29:23 PM
Mineral Reserves are estimated using an average long-term gold price of US$1,200 per ounce. 4. Mineral Reserves are estimated using an average long-term foreign exchange rate of ... customer solutions using real world business transformation studies ...
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 ...
2012 Top Gold-producing Countries
Gold Investing News - 7/10/2013 4:29:00 AM
Over the past few decades, gold mining has become a truly global industry. Currently, there are 90 countries that ... according to the World Gold Council, are 1,054.1 tonnes, or roughly 1.7 percent of total foreign reserves. The country’s primary gold ...
OICCI president concerned over low-level of FDI
Business Recorder - 3/26/2015 12:08:34 AM
"It is regrettable that in an energy-starved country like Pakistan the top two issues highlighted ... These include improvement in the foreign exchange reserves, a relatively stable exchange rate, tight management of the fiscal situation which has resulted ...