|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
Russia Buys Most Gold for Reserves Since Financial Crisis of ’98
Bloomberg - 10/29/2014 1:12:32 PM
The country expanded its stockpile, the world’s fifth-biggest ... “In most countries, the ratio of gold holdings compared to foreign-exchange reserves is still relatively low, so there’s still room to buy more gold,” Daniel Briesemann, an analyst ...
Paul Krugman: The Dollar's Reserve-Currency Role Is A 'Much Over-Rated Phenomenon'
Forbes - 10/27/2014 1:00:36 PM
But Professor Krugman illogically conflates balance of payments deficits in non-reserve countries with those necessarily ... who advocated replacing gold with official foreign exchange reserves in his 1913 book, Indian Currency and Finance, where he ...
Increase of Russia’s gold reserves in September biggest since 1998 — Bloomberg
en.itar-tass.com - 10/29/2014 5:37:24 PM
The London-based World Gold Council says gold accounts for 10% ... in Frankfurt as saying the ratio of gold holdings compared to foreign-exchange reserves is still relatively low in most countries, “so there’s still room to buy more goal.”
The Top 10 Gold Producing Countries in the World
INSIDER MONKEY - 10/30/2014 10:41:02 AM
Would you like to know which are the top gold producing countries in the world? The lucrative mining industry has blessed several nations with great wealth, especially those who possess large reserves of ... extract the ore in exchange for hefty profits.
Russia buys most gold for reserves since ’98
Mineweb - 10/29/2014 12:08:07 PM
The country expanded its stockpile, the world’s fifth- biggest ... “In most countries, the ratio of gold holdings compared to foreign-exchange reserves is still relatively low, so there’s still room to buy more gold,” Daniel Briesemann, an analyst ...
Fiat Money Has No Place To Go But Gold
ETF Daily News - 10/30/2014 1:47:09 PM
If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country’s currency could take ... displace the United States from its position as the world’s largest holder of monetary gold.
Russia Gold, Forex Reserves Down $4.7 Billion in Week to Oct 24 to $439.1 Billion
NASDAQ - 10/30/2014 8:39:20 AM
MOSCOW--Russian gold ... foreign-exchange reserves in the past week fell to their lowest level since early March 2010, as the Bank of Russia had to spend its reserves to support the ruble, central bank data showed Thursday. Russia's reserves, still the ...
China currency claims a bigger share of reserve manager portfolios
Reuters - 10/29/2014 6:03:03 AM
Earlier this month, the United Kingdom raised 3 billion yuan via a landmark offshore sovereign yuan bond and kept the yuan proceeds into its foreign exchange reserves rather than converting them into dollars or euros. Halfway across the world, Australia ...
Understanding Gold's Massive Impact on Fed Maneuvering
Money Morning - 10/30/2014 9:29:27 AM
Does this sound like a guy who would be in charge of the world's most powerful central bank ... If China were to convert a relatively modest part of its $4 trillion foreign exchange reserves into gold, the country's currency could take on unexpected ...
Why investors should monitor the central banks’ gold reserves
Market Realist - 10/30/2014 4:10:19 PM
... Bank should increase its gold reserves to 20%—from the current 7.8% according to World Gold Council’s latest report Central banks should stop selling its precious metals All its gold should be held within the country According to the initial poll ...
Currency traders eye Swiss vote on gold holdings
CNBC - 10/28/2014 1:20:53 PM
Foreign exchange markets are likely to be most affected by the move. Three years ago the SNB pledged to ensure the country's competitiveness ... sell part of its currency reserves, or theoretically print money to finance the gold purchases, Galy said.
Gold price could benefit from Swiss vote
Money Week - 10/29/2014 8:47:41 AM
Even though gold was trading below $300 an ounce, that gold, according to the World Gold Council, amounted to almost 40% of Swiss foreign exchange reserves ... overseas could also lead to other countries doing the same thing – which will resolve ...
NBB plans domestic, foreign borrowing to repay debt in 2015
Interfax Information Agency - 10/29/2014 12:00:57 PM
"Untied foreign credit resources will be raised to meet liabilities and domestic sources of borrowing will also be used," she said. The country has sufficient gold and foreign currency reserves to ... debt in 2015. The exchange rate of the Belarusian ...
Robust demand for physical gold support prices
Mining - 10/28/2014 9:56:17 PM
The announcement by China Foreign Exchange Trading System (CFETS ... and Switzerland-based world’s leading bullion brand PAMP SA. It is the country’s first and only LMBA accredited gold and silver refinery. "Diwali sales across the country were ...
Awaiting the gold rush
The Economist online - 10/30/2014 9:43:46 AM
Officials in Tehran have started receiving foreign business ... making Iran the world’s 18th-largest economy. The population of 80m is well-educated; the country’s oil and gas reserves are huge. The Tehran stock exchange is the second-biggest in ...