|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
Iran Joins Growing List of Countries to Ditch Dollar in Foreign Trade
OpEdNews - 1/28/2015 7:02:45 PM
In trade exchanges with the foreign countries ... as the world's reserve currency. Several countries have been avoiding the US dollar in foreign trade, including Russia, China, India and Turkey, often paying for products in gold or other agreed-on currencies.'
Netherlands follows Russia’s foot-steps, boosts gold reserves - IMF
Forex Street - 1/27/2015 7:29:35 AM
The Netherlands is the ninth biggest holder of gold in the world and its reserves had been unchanged at 19.7 million ... without the prior written consent of FXStreet. Trading foreign exchange on margin carries a high level of risk and may not be suitable ...
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 ...
If Apple were a country…
Financial Times - 1/28/2015 9:11:36 PM
It remains the world’s most valuable publicly traded ... These aren’t remotely comparable to a country’s GDP, but they could be usefully compared to a foreign exchange reserve or sovereign wealth fund. After all, every company, including Apple ...
This is why gold may rise: World Gold Trust Services
Money Control - 1/28/2015 8:11:21 AM
"Currency weakness or debasement has typically been a good thing for gold," he said. World Gold Trust Services is the sponsor of the largest gold exchange traded fund ... crude producers to liquidate gold reserves, Rhind said that has not been the case ...
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 ...
Budget 2015: Traders expect Sensex to hit 30K mark and Nifty at 9000
India TV - 1/29/2015 10:19:00 AM
Meanwhile, India’s foreign exchange reserves leapt ... on investment and to make the country as a manufacturing hub. The budget is also likely to set the ball rolling for more reductions in interest rates by the Reserve Bank of India (RBI), which has ...
This Is The Major Global Economic Challenge Of Our Time (And We Have No Idea How To Deal With It)
Forbes - 1/28/2015 2:02:06 PM
Reviewing the debate, the biggest takeaway is just how ill equipped the world is to ... done with its massive foreign exchange reserves. Over the long run, these imbalances can be destabilizing. The presence of a surplus in one country implies a ...
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 ...
Foreign lenders reduce credit to Nigerian banks
Punch - 1/28/2015 11:13:17 PM
Indications have emerged that a number of foreign banks have started suspending short and medium-term credit lines to their Nigerian counterparts as falling crude oil prices continue to fuel exchange rate ... as the external reserves continued to be ...
Deadly border clashes stoke fears of war in Israel, Lebanon
Washington Post - 1/28/2015 9:11:36 PM
As anti-armor missiles and tank artillery flashed across the countries’ frontier, Israeli Foreign Minister Avigdor Lieberman ... also threatened more actions. The deadly exchange on the border came 10 days after an Israeli airstrike in the Syrian ...
Gold trading outlook: futures slide before Fed decision
binarytribune.com - 1/28/2015 8:04:11 AM
Gold fell on Wednesday as investors weighed the possibility for an interest rate increase as an outcome from the Federal Reserve ... world, supports the metal ahead of its Lunar New Year. China celebrates the holiday on February 19 and 20, when people ...
Despite a Full Slate of Economic News, Major Currencies are Mostly Unmoved for Now
Economy Watch - 1/29/2015 1:53:45 PM
Head of Global Currency Strategy at Brown Brothers Harriman. The Reserve Bank of New Zealand shifted to a more neutral tone, as had been widely anticipated. What seemed to have surprised the market were the more aggressive efforts to talk the currency down.
Philippines confident of faster growth after 2014 rebound
Yahoo News - 1/29/2015 7:27:12 AM
ample foreign exchange reserves, a stable banking sector and manageable inflation, finance secretary Cesar Purisima said. Purisima said in a statement that the country "has more fundamental strength than most peers to fuel long-term growth prospects and ...
Russia buys record amounts of gold
Financial Times - 1/29/2015 7:15:53 PM
Central banks around the world bought a net 461 tonnes of gold ... During Russia’s last financial crisis in 1998, the central bank’s gold reserves fell by 118 tonnes, as the country’s foreign exchange holdings dropped below $10bn.