|Rank||Country||Reserves of foreign exchange and gold (US$)|
|33||United Arab Emirates||58,040,000,512|
|76||Trinidad and Tobago||10,069,999,616|
|94||Congo, Republic of the||5,239,000,064|
|95||Bosnia and Herzegovina||5,001,999,872|
|108||Papua New Guinea||2,926,000,128|
|127||Congo, Democratic Republic of the||1,582,000,000|
|164||Saint Vincent and the Grenadines||115,000,000|
|166||Micronesia, Federated States of||75,060,000|
|167||Sao Tome and Principe||46,600,000|
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, 2014See also: Reserves of foreign exchange and gold map
Why Does Gold Matter To China and Russia But Not the United States?
Townhall Finance - 5/24/2016 4:01:50 AM
Under those agreements, the dollar was to be the world’s reserve currency ... U.S. Treasury to “suspend temporarily” the right of foreign central banks to redeem their dollars in exchange for gold. That suspension is still in effect today, and ...
Harvard, IMF economist: Emerging markets must go for gold
Mining - 5/19/2016 1:40:26 PM
Despite the steady buying most developing countries still hold less than ... but one study suggested that if all central banks in the world were to hold at least 5% of their foreign exchange reserves as gold, this would require the purchase of almost ...
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 ...
20 countries with the largest foreign exchange reserves
Rediff India Abroad - 6/20/2014 1:53:22 PM
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 ...
Nicolás Maduro seems determined to cling to power by any means.
worldpoliticsjournal.com - 5/23/2016 5:39:04 PM
Spiralling violence has made Venezuela one of the world’s deadliest countries ... government has been able to honour its foreign debt obligations so far by borrowing from China, swapping part of its gold reserves, selling foreign assets at a discount ...
Emerging markets should go for the gold
Stabroek News - 5/20/2016 6:08:16 AM
No, I am just proposing that emerging markets shift a significant share of the trillions of dollars in foreign-currency reserves ... to demonetize gold. Sure, we hold a lot of gold, these countries say, but that is a vestige of the pre-World War II gold ...
Top 10 Countries By Reserves of Foreign Exchange And Gold
Jagran Josh - 9/23/2011 11:53:32 PM
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.
“Of exchange rate mechanism, exchange rate and devaluation”
Vanguard - 5/22/2016 11:16:41 PM
We also resolved to crash the parallel market by all means, but this was problematic, because, with barely $1bn reserves ... in respect of their foreign exchange transactions remain humongous and Nigeria is the only country in the world frivolously re ...
Foreign exchange reserves fall $1.13 billion to $362 billion
International Business Times - 5/14/2016 8:52:52 AM
... of the $1.03-billion decline in foreign currency assets that constitute the largest component of the country's foreign exchange reserves. Gold reserves declined marginally at $20.04 billion. India also holds its foreign exchange reserves in the form ...
Forex Reserves Down $970 Million: RBI
NDTV - 5/21/2016 1:16:35 PM
Chennai: The country's foreign ... to the RBI's foreign exchange data, the reserves stood at $361.02 billion as of May 13, as against $361.99 billion as of May 6. On May 13, the foreign currency assets stood at $337.04 billion, gold at $20.04 billion ...
Future Of The Dollar As World Reserve Currency
Forbes - 10/25/2013 4:26:47 PM
What is a reserve currency? Countries all over the world hold financial reserves, in bonds or money market instruments denominated in some other currency. They also hold gold and Special ... heavily invested in their foreign exchange reserves.
Rescuing and Defending the Naira
This Day Live - 5/21/2016 11:25:02 PM
For a country, such as Nigeria, with an open economy where foreign trade accounts for a significant proportion of the Gross Domestic Product, the exchange rate links the domestic economy with the outside world ... demonetisation of gold in the early ...
10 countries with largest foreign reserves
Rediff Business - 7/23/2009 11:55:04 PM
Forex reserves include a country's gold holdings ... of foreign currency allow a government to manipulate exchange rates -- to stabilise the foreign exchange rates to create a favourable economic environment. India ranks 5th in the world with a foreign ...
The Global Outlook and India: RBI Guv
Indian Cooperative - 5/24/2016 4:23:19 AM
Among the key points he made were: The world is ... sufficient foreign exchange reserves to be able to withstand a sudden stop in capital inflows. Given great uncertainty about outlook and policies of others in these times, a country like India should ...
The Elite’s New Case for Gold
Money Morning - 5/24/2016 1:52:59 AM
and around the world ... of the trillions of dollars in foreign-currency reserves that they now hold into gold. Even shifting, say, up to 10% of their reserves into gold would not bring them anywhere near the many rich countries that hold 60% to 70% ...