|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
20 countries with the largest foreign exchange reserves
Rediff India Abroad - 6/20/2014 8:24:05 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 ...
Top 10 Countries By Reserves of Foreign Exchange And Gold
Jagran Josh - 9/24/2011 11:56:31 AM
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.
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 ...
Amid global uncertainties, Swiss to vote on investing nation's wealth in 1,650 tons of gold
FOX News - 11/28/2014 10:35:16 AM
Though the country is among the world's most ... Woods system of fixed exchange rates and the value of the Swiss franc was defined in grams of gold. But the Swiss National Bank, or SNB, was criticized for holding excessive gold reserves that generated ...
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 ... India ranks 5th in the world with a foreign exchange reserves of $262 billion as of June 2009. So let's find out which are the 10 nations with the largest foreign ...
Will the Swiss go for gold?
Financial Post - 11/27/2014 12:09:31 PM
They did not want to exchange the franc for ... But the large amount of gold reserves before 1999 did not weigh on the Swiss economy. In fact, before that time, it was the envy of the world. While other countries were undermined by the promises politicians ...
India’s forex reserves down $672.4 mn
The Hindu Business Line - 11/28/2014 11:46:51 AM
India’s foreign exchange (forex ... which form a bulk of the total reserves, fell $664.3 million during the same period. Gold reserves remained unchanged at $19.73 million. Special Drawing Rights (SDRs) and the country’s reserve position in the ...
Russia And China Want Gold To Diversify Massive Foreign Exchange Reserves
Seeking Alpha - 8/5/2013 7:14:25 PM
Russia now holds the eighth-largest gold reserves in the world, representing 9% of its total foreign exchange reserves ... central bank buyer over the past several years has been China. The country, which does not regularly report on its holdings, also ...
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 mine the precious metal and the top 20 producing ... World Gold Council, are 1,054.1 tonnes, or roughly 1.7 percent of total foreign reserves.
Why the Dollar's Reign Is Near an End
Wall Street Journal - 3/1/2011 11:54:27 PM
Other countries ... of the same exchange-rate risks and exposures as their foreign competitors. I'm waiting for the pitch to buy gold and the suggestion we buy guns etc to get ready for the riots. If the the dollar stops being the reserve currency, it ...
Russia Boosts Gold Reserves by $400M to Highest Since ’93
Bloomberg - 8/20/2014 3:47:08 PM
Russia added about 9.4 metric tons of gold valued at $400 million to reserves in July as it expanded holdings for a fourth consecutive month to the highest in at least two decades. The country ... gold reserves and diversifying it foreign-exchange ...
Gold Is A 6,000 Year Old Bubble
ETF Daily News - 11/28/2014 4:40:21 PM
Have you ever wondered how billionaires continue to get RICHER, while the rest of the world ... gold in Switzerland, and (3) the SNB may never sell any gold again. Figure 1 shows the total assets of the SNB, its gold reserves and its other foreign exchange ...
A G-Zero World
Foreign Affairs - 1/30/2011 11:54:15 PM
Yet these countries are far too focused on domestic development to welcome the burdens that come with new responsibilities abroad. We are now living in a G-Zero world ... runs by accumulating huge foreign exchange reserves. This strategy grew in part ...