|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
IMF and China Accelerate Creation of New Global Reserve Currency
theepochtimes.com - 7/26/2016 11:43:59 AM
China has openly called for the SDR to replace the U.S. Dollar as the world’s ... in 2015 alone and foreign currency reserves are nearing the critical level of $2.7 trillion (now $3.2 trillion), the minimum the IMF thinks the country needs to run the ...
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 ...
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 ...
Liberalisation has helped bring down share of volatile capital
Economic Times - 7/24/2016 9:40:30 PM
MUMBAI: India is not just the fastest growing major economy in the world, it is also getting ... short-term debt — to the reserves is an important indicator of adequacy of foreign exchange reserves and indicate the country's ability to manage external ...
China gold imports fall in June on higher prices, inventories
Mining - 7/26/2016 7:54:56 AM
China, the world’s top gold consumer, cut imports of the precious metal ... been adding to its bullion holdings every month in a move to diversify its foreign-exchange reserves. Internal demand outstrips local supply even though China is also the world ...
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.
Gold and Pork Bellies
theburningplatform.com - 7/27/2016 8:36:41 AM
On the balance sheets of all central banks, gold is classified as a monetary asset, along with their foreign currency reserves. The central bankers ... per day as traded on the Chicago Mercantile Exchange. One of the most important attributes of gold ...
IMF and Nigeria’s Naira: The Politics of Currency Devaluation
GroundReport - 7/24/2016 5:51:26 PM
The gold standard ... exporting country; crude oil which generates about 90 percent of the country’s foreign exchange is not fit for such a move. By devaluating naira the price of oil will further nosedive and country’s foreign reserve will dwindle ...
How China’s ‘Currency Manipulation’ Enhances the Global Role of the U.S. Dollar
Foreign Policy - 7/22/2016 2:40:32 PM
“Starting from this April,” he announced, “China has released foreign exchange reserve data denominated in ... pays a substantial economic cost for having the dollar as the world’s reserve currency. These costs have become that much greater as ...
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.
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 ...
Randgold Resources - Successful and Sustainable Mining Industry Key to Building Mali's Economy
Marketwired - 7/27/2016 12:25:45 PM
The ruling has also cleared the way for Randgold to continue investing in its operations and exploring for further world class mines in the country ... respect to the future price of gold, the estimation of mineral reserves and resources, the realisation ...
Latest gold, forex rates in UAE: Gold holds steady
Emirates247 - 7/26/2016 6:50:30 AM
Gold was mostly unchanged on Tuesday, after dropping over the past two sessions, as investors remained cautious ahead of a Federal Reserve meeting that ... Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell 0.46 percent ...
Exchange-traded funds buy up gold to balance demand
Financial News - 7/26/2016 1:31:22 PM
Physical demand for gold hit a seven-year low in the second quarter, but exchange-traded funds bought ... sharply in India and China, the world’s largest consumers of the metal. Many people in both countries buy the precious metal as jewelry and in ...
PESTLE Analysis of Canada 2016 - Research and Markets
Business Wire - 7/27/2016 9:19:38 AM
The energy sector has major opportunities for the Canadian economy due to huge oil reserves which contribute around 10.2% of world oil reserves ... 54.6% of total population. The country has high foreign exchange reserves. The country has immense ...