|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
India's foreign exchange reserves down by US $97.9 million to US $322 billion
Daily News and Analysis - 1/30/2015 9:42:02 AM
India's foreign exchange ... week, Reserve Bank data showed. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves. The country's gold reserves remained ...
India's forex reserves down by USD 97.9 million to USD 322 billion
Deccan Chronicle - 1/30/2015 4:08:35 PM
Mumbai: India's foreign exchange ... week, Reserve Bank data showed. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves. The country's gold reserves ...
Russia increases gold purchases by 123%
RT - 1/30/2015 1:09:37 PM
Increasing gold reserves attempts to reduce dependence on the dollar amid geopolitical tension, Mark O’Byrne of GoldCore, told RT. Russia’s gold purchases accounted for a third of the world’s ... the share of gold in foreign exchange reserves is ...
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.'
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 ...
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 ...
Saville says gold's flow doesn't matter; U.S. and China disagree
GoldSeek - 1/29/2015 9:03:15 PM
Dear Friend of GATA and Gold ... countries to revalue their gold reserves upward, thereby increasing gold's role in the international financial system, while U.S. policy was to demonetize gold so as to leave the dollar unchallenged as the world reserve ...
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 ...
India overtakes China as world’s leading gold consumer - GFMS
Forex Street - 1/30/2015 5:17:10 AM
FXStreet (Mumbai) - India overtook China as the world’s biggest gold consumer in 2014 as global physical ... prohibited without the prior written consent of FXStreet. Trading foreign exchange on margin carries a high level of risk and may not be suitable ...
A Currency War Forces the Federal Reserve to Keep Interest Rates Low
The Motley Fool - 1/30/2015 3:04:09 PM
At the end of 2014, it seemed all but certain that the Federal Reserve would raise interest rates in the ... sales struggled against a "five percentage point headwind" from foreign exchange. And even Apple's shockingly strong quarter "would have been ...
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 ...
Forex reserves hit all-time high at $322.14 billion
Times of India - 1/24/2015 7:11:40 AM
MUMBAI: India's foreign exchange ... as per the Reserve Bank data. FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves. The country's gold reserves ...
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 ...
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.