Jump to content

List of countries by foreign-exchange reserves

From Wikipedia, the free encyclopedia

Comparative analysis of forex reserves held by top 20 countries as of June 2024

Foreign exchange reserves, also called Forex reserves, in a strict sense, are foreign-currency deposits held by nationals and monetary authorities. However, in popular usage and in the list below, it also includes gold reserves, special drawing rights (SDRs) and IMF reserve position because this total figure, which is usually more accurately termed as official reserves or international reserves or official international reserves, is more readily available and also arguably more meaningful.[1] These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies (e.g., the U.S. dollar, the euro, the pound sterling, the Japanese yen, the Swiss franc, the Indian Rupees and the Chinese Renminbi) and which are used to back its liabilities (e.g., the local currency issued and the various bank reserves deposited with the Central bank by the government or financial institutions). Before the end of the gold standard, gold was the preferred reserve currency.

Foreign-exchange reserves is generally used to intervene in the foreign exchange market to stabilize or influence the value of a country’s currency. Central banks can buy or sell foreign currency to influence exchange rates directly. For example, if a currency is depreciating, a central bank can sell its reserves in foreign currency to buy its own currency, creating demand and helping to stabilize its value. High levels of reserves instill confidence among investors and traders. If market participants believe that a country has sufficient reserves to support its currency, they are less likely to engage in speculative attacks that could lead to a sharp depreciation. In times of economic uncertainty or financial market volatility, central banks can use reserves to smooth out fluctuations in the exchange rate, reducing the impact of sudden capital outflows or shocks to the economy. Adequate reserves ensure that a country can meet its international payment obligations, which helps maintain a stable exchange rate by preventing panic in the foreign exchange market. Having substantial reserves allows central banks to implement monetary policies more effectively. They can afford to maintain interest rates or engage in other measures without the immediate fear of depleting reserves, which can influence market expectations positively.[2]

List

[edit]
  • All the figures below are in U.S.$ equivalents as different countries report data in different currencies.
  • The exchange rate of the currencies as well the as gold price of the reported date is considered while calculating U.S.$ equivalents.
  • Not all countries keep gold as reserves to avoid physical storage costs & the risks associated with it, hence there are no values in excluding gold column.
  • Sorting the data in desirable column would provide rankings.
Countries UN Geoscheme Forex reserves including gold Forex reserves excluding gold Ref.
Continents Sub-regions Millions U.S.$ equivalents Last reported date Change Millions U.S.$ equivalents Last reported date Change
 China Asia East Asia 3,571,803 31 Oct 2024 Increase 21,957 3,380,334 31 Oct 2024 Increase 415 [3]
 Japan Asia East Asia 1,254,898 7 Oct 2024 Increase 19,198 1,183,365 31 Oct 2024 Increase 4,712 [4]
 Switzerland Europe Western Europe 952,687 30 Sep 2024 Increase 1,127 864,519 30 Sep 2024 Increase 604 [5]
 India Asia South Asia 684,805 1 Nov 2024 Decrease 3,463 616,278 1 Nov 2024 Decrease 4,541 [6][7]
 Russia Europe Eastern Europe 628,500 1 Nov 2024 Increase 3,400 596,100 1 Nov 2024 Increase 720 [8]
 Taiwan Asia East Asia 568,107 3 Apr 2024 Decrease 132 563,720 3 Apr 2024 Decrease 17 [9]
 Saudi Arabia Asia West Asia 456,315 31 Oct 2024 Decrease 12,838 456,315 7 Apr 2024 Decrease 12,838 [10]
 Hong Kong Asia East Asia 425,153 1 Apr 2024 Increase 2,126 425,126 1 Apr 2024 Increase 137 [11]
 South Korea Asia East Asia 419,360 3 Apr 2024 Increase 3,580 419,360 3 Apr 2024 Steady [12]
 Singapore Asia Southeast Asia 384,587 1 Aug 2024 Increase 5,968 347,083 1 Mar 2024 Decrease 356 [13]
 Brazil Americas South America 388,571 1 Oct 2024 Increase 7,465 344,173 1 Mar 2024 Decrease 361 [14]
 Germany Europe Western Europe 339,800 31 Mar 2024 Increase 19,247 100,135 31 Mar 2024 Decrease 734 [15]
 Italy Europe Southern Europe 247,748 30 Apr 2024 Increase 8,882 77,727 30 Apr 2024 Increase 183 [16]
 United States Americas Northern America 242,681 15 Mar 2024 Decrease 1,422 231,640 15 Mar 2024 Decrease 41 [17]
 France Europe Western Europe 240,677 1 Mar 2024 Increase 2,400 120,745 1 Mar 2024 Increase 33 [18]
 Thailand Asia Southeast Asia 230,624 31 Jul 2024 Increase 6,296 212,160 31 Jul 2024 Increase 5.380 [19]
 Mexico Americas Central America 225,427 6 Sep 2024 Increase 686 216,965 30 Jun 2024 Decrease 439 [20]
 Israel Asia West Asia 220,377 31 Sep 2024 Increase 2,992 220,377 31 Aug 2024 Increase 2,992 [21]
 Poland Europe Eastern Europe 218,821 30 Sep 2024 Increase 5,524 183,060 30 Sep 2024 Increase 2,057 [22]
 United Kingdom Europe Northern Europe 88,793 31 Jul 2024 Increase 6,186 163,520 5 Mar 2024 Decrease 43 [23]
 United Arab Emirates Asia West Asia 151,600 1 Mar 2024 Increase 3,540 146,400 1 Mar 2024 Increase 34 [24]
 Czech Republic Europe Eastern Europe 144,996 1 Mar 2024 Increase 2,007 144,996 1 Mar 2024 Steady [25]
 Indonesia Asia Southeast Asia 149,915 1 Mar 2024 Increase 3,515 149,915 1 Mar 2024 Steady [26]
 Turkey Asia West Asia 128,490 1 Mar 2024 Decrease 3,391 79,060 1 Mar 2024 Decrease 129 [27]
 Netherlands Europe Western Europe 125,451 1 Mar 2024 Increase 212 125,451 1 Mar 2024 Steady [28]
 Malaysia Asia Southeast Asia 119,700 30 Sep 2024 Increase 17,459 113,877 31 Aug 2024 Increase 14,225 [29]
 Canada Americas Northern America 116,251 1 Mar 2024 Decrease 45 116,251 1 Mar 2024 Steady [30]
 Philippines Asia Southeast Asia 111,981 30 Sep 2024 Increase 4,124 101,122 30 Sep 2024 Increase 3,486 [31]
 Iraq Asia West Asia 100,000 25 Mar 2024 Decrease 15,000 100,000 25 Mar 2024 Steady [32]
 Spain Europe Southern Europe 94,341 1 Mar 2024 Decrease 5,485 94,341 1 Mar 2024 Steady [33]
 Vietnam Asia Southeast Asia 93,342 1 Mar 2024 Decrease 1,241 93,342 1 Mar 2024 Steady [34]
 Romania Europe Eastern Europe 82,473 30 Sep 2024 Increase 4,005 73,645 30 Sep 2024 Increase 3,590 [35]
 Belgium Europe Western Europe 82,000 1 Mar 2024 Increase 14,200 67,200 1 Mar 2024 Decrease 79 [36]
 Denmark Europe Northern Europe 80,058 1 Mar 2024 Increase 1,261 75,660 1 Mar 2024 Increase 126 [37]
 Peru Americas South America 73,483 1 Mar 2024 Increase 201 No gold reserves 1 Mar 2024 Steady [38]
 Norway Europe Northern Europe 71,901 1 Mar 2024 Increase 330 No gold reserves 1 Mar 2024 Steady [39]
 Libya Africa North Africa 70,524 1 Mar 2024 Decrease 238 No gold reserves 1 Mar 2024 Steady [40]
 Algeria Africa North Africa 68,028 1 Mar 2024 Increase 1,880 No gold reserves 1 Mar 2024 Steady [41]
 Qatar Asia West Asia 64,560 1 Mar 2024 Increase 8,931 No gold reserves 1 Mar 2024 Steady [42]
 Sweden Europe Northern Europe 59,568 23 Mar 2024 Decrease 842 51,602 23 Mar 2024 Decrease 147 [43]
 Colombia Americas South America 57,269 8 Mar 2024 Increase 124 No gold reserves 8 Mar 2024 Steady [44]
 Australia Oceania Australasia 53,883 7 Mar 2024 Increase 604 45,816 7 Mar 2024 Decrease 48 [45]
 Portugal Europe Southern Europe 53,710 1 Mar 2024 Decrease 7,800 No gold reserves 1 Mar 2024 Steady [46]
 South Africa Africa Southern Africa 53,473 7 Mar 2024 Increase 504 45,293 7 Mar 2024 Increase 49 [47]
 Kuwait Asia West Asia 46,420 1 Mar 2024 Increase 1,112 No gold reserves 1 Mar 2024 Steady [48]
 Chile Americas South America 42,527 1 Mar 2024 Increase 2,373 No gold reserves 1 Mar 2024 Steady [49]
 Ukraine Europe Eastern Europe 40,507 1 Mar 2024 Decrease 1,212 No gold reserves 1 Mar 2024 Steady [50]
 Hungary Europe Eastern Europe 41,344 1 Mar 2024 Increase 4,749 No gold reserves 1 Mar 2024 Steady [51]
 Bulgaria Europe Eastern Europe 35,395 1 Mar 2024 Decrease 692 No gold reserves 1 Mar 2024 Steady [52]
 Egypt Africa North Africa 35,310 1 Mar 2024 Increase 3,161 No gold reserves 1 Mar 2024 Steady [53]
 Nigeria Africa West Africa 34,980 1 Mar 2024 Increase 465 No gold reserves 1 Mar 2024 Steady [54]
 Austria Europe Western Europe 34,856 1 Mar 2024 Increase 954 34,671 1 Mar 2024 Decrease 187 [55]
 Kazakhstan Asia Central Asia 34,500 1 Mar 2024 Decrease 938 No gold reserves 1 Mar 2024 Steady [56]
 Uzbekistan Asia Central Asia 32,195 1 Mar 2024 Decrease 950 No gold reserves 1 Mar 2024 Steady [57]
 Morocco Africa North Africa 32,037 1 Mar 2024 Increase 213 No gold reserves 1 Mar 2024 Steady [58]
 New Zealand Oceania Australasia 31,712 1 Mar 2024 Increase 1,916 No gold reserves 1 Mar 2024 Steady [59]
 Serbia Europe Southern Europe 31,119 9 Aug 2024 Increase 4.227 25.550 1 Jun 2024 Steady [60][61]
 Bangladesh Asia South Asia 24,863 1 Oct 2024 Decrease 1,707 No gold reserves 1 Oct 2024 Steady [62]
 Iran Asia West Asia 24,300 1 Mar 2024 Increase 1,641 23,600 1 Mar 2024 Steady [63]
 Macau Asia East Asia 24,283 1 Mar 2024 Decrease 1,566 No gold reserves 1 Mar 2024 Steady [64]
 Guatemala Americas Central America 21,390 1 Mar 2024 Increase 1300 No gold reserves 1 Mar 2024 Steady [65]
 Argentina Americas South America 20,846 1 Mar 2024 Decrease 2,090 No gold reserves 1 Mar 2024 Steady [66]
 Turkmenistan Asia Central Asia 20,600 1 Mar 2024 Decrease 45 No gold reserves 1 Mar 2024 Steady [67]
 Cambodia Asia Southeast Asia 18,496 1 Mar 2024 Decrease 67 No gold reserves 1 Mar 2024 Steady [68]
 Jordan Asia West Asia 18,765 1 Mar 2024 Increase 187 No gold reserves 1 Mar 2024 Steady [69]
 Nepal Asia South Asia 18,400 11 Mar 2024 Increase 1,857 No gold reserves 11 Mar 2024 Steady [70]
 Oman Asia West Asia 16,163 1 Mar 2024 Increase 548 No gold reserves 1 Mar 2024 Steady [71]
 Uruguay Americas South America 15,449 1 Mar 2024 Decrease 1.176 15,441 1 Mar 2024 Decrease 11 [72]
 Lebanon Asia West Asia 14,738 1 Mar 2024 Decrease 692 No gold reserves 1 Mar 2024 Steady [73]
 Dominican Republic Americas Caribbean 14,371 1 Mar 2024 Increase 1,145 No gold reserves 1 Mar 2024 Steady [74]
 Angola Africa Central Africa 14,200 15 Mar 2024 Decrease 40 No gold reserves 15 Mar 2024 Steady [75]
 Costa Rica Americas Central America 13,200 1 Mar 2024 Increase 320 No gold reserves 1 Mar 2024 Steady [76]
 Ireland Europe Northern Europe 12,599 1 Mar 2024 Decrease 130 11,874 1 Mar 2024 Decrease 2 [77]
 Azerbaijan Asia West Asia 11,650 1 Mar 2024 Increase 142 No gold reserves 1 Mar 2024 Steady [78]
 Ivory Coast Africa West Africa 9,800 1 Mar 2024 Decrease 18 No gold reserves 1 Mar 2024 Steady [79]
 Paraguay Americas South America 9,707 1 Mar 2024 Increase 805 9,168 1 Mar 2024 Increase 7 [80]
 Bosnia and Herzegovina Europe Southern Europe 8,711 1 Mar 2024 Decrease 391 No gold reserves 1 Mar 2024 Steady [81]
 Tunisia Africa North Africa 8,623 21 Mar 2024 Increase 539 No gold reserves 21 Mar 2024 Steady [82]
 North Korea Asia East Asia 9,109 1 Mar 2024 Increase 73 No gold reserves 1 Mar 2024 Steady [83]
 Pakistan Asia South Asia 7,615 1 Oct 2024 Decrease 258 No gold reserves 1 Oct 2024 Steady [84]
 Finland Europe Northern Europe 7,995 1 Mar 2024 Decrease 22 No gold reserves 1 Mar 2024 Steady [85]
 Slovakia Europe Eastern Europe 7,650 1 Mar 2024 Increase 441 No gold reserves 1 Mar 2024 Steady [86]
 Honduras Americas Central America 7,390 21 Mar 2024 Decrease 580 No gold reserves 21 Mar 2024 Steady [87]
 Tanzania Africa Southern Africa 7,022 22 Mar 2024 Increase 600 No gold reserves 22 Mar 2024 Steady [88]
 Iceland Europe Northern Europe 6,847 15 Mar 2024 Increase 24 6,668 15 Mar 2024 Increase 9 [89]
 Myanmar Asia Southeast Asia 6,700 1 Mar 2024 Increase 800 No gold reserves 1 Mar 2024 Steady [90]
 Afghanistan Asia South Asia 6,228 1 Mar 2024 Decrease 60 No gold reserves 1 Mar 2024 Steady [91]
 Panama Americas Central America 6,143 1 Mar 2024 Decrease 200 No gold reserves 1 Mar 2024 Steady [92]
 Sri Lanka Asia South Asia 5,992 30 Sep 2024 Increase 55 No gold reserves 30 Sep 2024 Steady [93]
 Venezuela Americas South America 5,908 1 Mar 2024 Decrease 776 No gold reserves 1 Mar 2024 Steady [94]
 Trinidad and Tobago Americas Caribbean 5,800 18 Mar 2024 Decrease 44 No gold reserves 18 Mar 2024 Steady [95]
 Moldova Europe Eastern Europe 5,600 30 Aug 2024 Decrease 600 No gold reserves 30 Aug 2024 Steady [96]
 Mauritius Africa Southern Africa 5,591 1 Mar 2024 Decrease 196 5,497 1 Mar 2024 Decrease 27 [97]
 Bahrain Asia West Asia 5,500 25 Mar 2024 Increase 128 No gold reserves 25 Mar 2024 Steady [98]
 Albania Europe Southern Europe 5,290 31 Apr 2024 Decrease 200 5,290 31 Apr 2024 Increase 47 [99]
 Georgia Europe Eastern Europe 5,224 25 Mar 2024 25580.8 No gold reserves 25 Mar 2024 Steady [100]
 Mongolia Asia East Asia 5,120 20 Mar 2024 Increase 500 No gold reserves 20 Mar 2024 Steady [101]
 Botswana Africa Southern Africa 5,080 1 Mar 2024 Decrease 267 No gold reserves 1 Mar 2024 Steady [102]
 Jamaica Americas Caribbean 4,921 5 Mar 2024 Increase 300 No gold reserves 5 Mar 2024 Steady [103]
 Lithuania Europe Northern Europe 4,900 1 Mar 2024 Decrease 440 No gold reserves 1 Mar 2024 Steady [104]
 Vatican City Europe Southern Europe 4,339 1 Mar 2024 Increase 950 No gold reserves 1 Mar 2024 Steady [105]
 Armenia Asia West Asia 4,298 25 Mar 2024 Increase 600 No gold reserves 25 Mar 2024 Steady [106]
 Nicaragua Americas Central America 3,980 1 Mar 2024 Increase 1,100 No gold reserves 1 Mar 2024 Steady [107]
 Greece Europe Southern Europe 3,926 1 Mar 2024 Increase 107 3,869 1 Mar 2024 Decrease 8 [108]
 Latvia Europe Northern Europe 3,913 1 Mar 2024 Increase 13 No gold reserves 1 Mar 2024 Steady [109]
 Uganda Africa East Africa 3,700 1 Mar 2024 Decrease 259 No gold reserves 1 Mar 2024 Steady [110]
 Andorra Europe Southern Europe 3,689 20 Mar 2024 Increase 11 No gold reserves 20 Mar 2024 Steady [111]
 Brunei Asia West Asia 3,664 1 Mar 2024 Increase 107 No gold reserves 1 Mar 2024 Steady [112]
 Cameroon Africa East Africa 3,459 1 Mar 2024 Decrease 180 No gold reserves 1 Mar 2024 Steady [113]
 Ethiopia Africa East Africa 3,430 1 Mar 2024 Decrease 170 No gold reserves 1 Mar 2024 Steady [114]
 Ghana Africa West Africa 3,368 1 Mar 2024 Increase 452 No gold reserves 1 Mar 2024 Steady [115]
 Ecuador Americas South America 3,305 1 Mar 2024 Increase 747 No gold reserves 1 Mar 2024 Steady [116]
 Belarus Europe Eastern Europe 8,697 31 Aug 2024 Increase 165 4,333 31 Aug 2024 Steady [117]
 Kyrgyzstan Asia Central Asia 2,976 1 Mar 2024 Increase 193 No gold reserves 1 Mar 2024 Steady [118]
 Croatia Europe Southern Europe 2,935 1 Mar 2024 Increase 159 No gold reserves 1 Mar 2024 Steady [119]
 Slovenia Europe Eastern Europe 2,519 1 Mar 2024 Increase 062 No gold reserves 1 Mar 2024 Steady [120]
 El Salvador Americas Central America 2,510 1 Mar 2024 Increase 39 No gold reserves 1 Mar 2024 Steady [121]
 Cuba Americas Caribbean 2,500 15 Mar 2024 Decrease 10,391 No gold reserves 15 Mar 2024 Steady [122]
 Kenya Africa East Africa 2,490 5 Mar 2024 Increase 1,073 No gold reserves 1 Mar 2024 Steady [123]
 Papua New Guinea Oceania Melanesia 2,339 1 Mar 2024 Increase 500 No gold reserves 1 Mar 2024 Steady [124]
 Haiti Americas Caribbean 2,296 1 Mar 2024 Decrease 1,256 No gold reserves 1 Mar 2024 Steady [125]
 Estonia Europe Northern Europe 2,065 1 Mar 2024 Decrease 145 No gold reserves 1 Mar 2024 Steady [126]
 Namibia Africa Southern Africa 2,019 1 Mar 2024 Decrease 25 No gold reserves 1 Mar 2024 Steady [127]
 Bahamas Americas Caribbean 1,758 1 Mar 2024 Increase 85 No gold reserves 1 Mar 2024 Steady [128]
 Bolivia Americas South America 1,769 1 Mar 2024 Decrease 471 No gold reserves 1 Mar 2024 Steady [129]
 Madagascar Africa Southern Africa 1,620 19 Mar 2024 Increase 127 No gold reserves 19 Mar 2024 Steady [130]
 Montenegro Europe Southern Europe 1,558 1 Mar 2024 Increase 26 No gold reserves 1 Mar 2024 Steady [131]
 Mauritania Africa Southern Africa 1,493 1 Mar 2024 Increase 37 No gold reserves 1 Mar 2024 Steady [132]
 Tajikistan Asia Central Asia 1,482 1 Mar 2024 Decrease 19 No gold reserves 1 Mar 2024 Steady [133]
 Rwanda Africa East Africa 1,458 1 Mar 2024 Decrease 7 No gold reserves 1 Mar 2024 Steady [134]
 Zambia Africa Southern Africa 1,433 1 Mar 2024 Decrease 16 No gold reserves 1 Mar 2024 Steady [135]
 Guinea Africa West Africa 1,425 15 Mar 2024 Increase 33 No gold reserves 15 Mar 2024 Steady [136]
 Gabon Africa Central Africa 1,377 1 Mar 2024 Decrease 90 No gold reserves 1 Mar 2024 Steady [137]
 Cyprus Asia West Asia 1,271 1 Mar 2024 Increase 200 No gold reserves 1 Mar 2024 Steady [138]
 Luxembourg Europe Western Europe 1,119 5 Mar 2024 Decrease 34 No gold reserves 5 Mar 2024 Steady [139]
 Laos Asia Southeast Asia 1,099 1 Mar 2024 Increase 23 No gold reserves 1 Mar 2024 Steady [140]
 Curaçao Americas Caribbean 1,080 20 Mar 2024 Increase 30 No gold reserves 20 Mar 2024 Steady [141]
 Fiji Oceania Melanesia 1,065 5 Mar 2024 Increase 22 No gold reserves 5 Mar 2024 Steady [142]
 Niger Africa West Africa 1,053 1 Mar 2024 Increase 24 No gold reserves 1 Mar 2024 Steady [143]
 Aruba Americas Caribbean 1,017 15 Mar 2024 Increase 30 No gold reserves 15 Mar 2024 Steady [144]
 Bhutan Asia South Asia 972 10 Mar 2024 Decrease 3 No gold reserves 10 Mar 2024 Steady [145]
 Kosovo Europe Southern Europe 950 1 Mar 2024 Decrease 15 No gold reserves 1 Mar 2024 Steady [146]
 Malta Europe Southern Europe 937 20 Mar 2024 Increase 9 No gold reserves 20 Mar 2024 Steady [147]
 Lesotho Africa Southern Africa 785 1 Mar 2024 Increase 11 No gold reserves 1 Mar 2024 Steady [148]
 Barbados Americas Caribbean 770 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [149]
 Cape Verde Africa West Africa 712 1 Mar 2024 Decrease 25 No gold reserves 1 Mar 2024 Steady [150]
 San Marino Europe Southern Europe 716 1 Mar 2024 Increase 243 No gold reserves 1 Mar 2024 Steady [151]
 Gambia Africa West Africa 698 1 Mar 2024 Increase 6 No gold reserves 1 Mar 2024 Steady [152]
 Palestine Asia West Asia 671 1 Mar 2024 Decrease 12 No gold reserves 1 Mar 2024 Steady [153]
 Timor-Leste Asia Southeast Asia 654 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [154]
 Suriname Americas South America 647 8 Mar 2024 Increase 30 No gold reserves 8 Mar 2024 Steady [155]
 Sierra Leone Africa West Africa 624 2 Mar 2024 Decrease 2 No gold reserves 2 Mar 2024 Steady [156]
 Mali Africa Southern Africa 604 1 Mar 2024 Decrease 19 No gold reserves 1 Mar 2024 Steady [157]
 Maldives Asia South Asia 588 1 Mar 2024 Decrease 180 No gold reserves 1 Mar 2024 Steady [158]
 Guyana Americas South America 553 10 Mar 2024 Decrease 20 No gold reserves 10 Mar 2024 Steady [159]
 Solomon Islands Oceania Melanesia 551 8 Mar 2024 Increase 24 No gold reserves 8 Mar 2024 Steady [160]
 Seychelles Africa Southern Africa 546 1 Mar 2024 Decrease 19 No gold reserves 1 Mar 2024 Steady [161]
 Vanuatu Oceania Melanesia 509 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [162]
 Democratic Republic of the Congo Africa Southern Africa 505 14 Mar 2024 Decrease 160 No gold reserves 14 Mar 2024 Steady [163]
 Djibouti Africa East Africa 504 1 Mar 2024 Increase 3 No gold reserves 1 Mar 2024 Steady [164]
 Malawi Africa East Africa 488 1 Mar 2024 Increase 17 No gold reserves 1 Mar 2024 Steady [165]
 Eswatini Africa Southern Africa 467 1 Mar 2024 Increase 27 No gold reserves 1 Mar 2024 Steady [166]
 Republic of the Congo Africa Central Africa 443 1 Mar 2024 Increase 20 No gold reserves 1 Mar 2024 Steady [167]
 Syria Asia West Asia 401 1 Mar 2024 Decrease 16 No gold reserves 1 Mar 2024 Steady [168]
 Federated States of Micronesia Oceania Micronesia 395 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [169]
 Central African Republic Africa Central Africa 375 1 Mar 2024 Increase 14 No gold reserves 1 Mar 2024 Steady [170]
 Saint Kitts and Nevis Americas Caribbean 365 1 Mar 2024 Decrease 14 No gold reserves 1 Mar 2024 Steady [171]
 Liberia Africa West Africa 342 1 Mar 2024 Decrease 7 No gold reserves 1 Mar 2024 Steady [172]
 Guinea-Bissau Africa West Africa 329 1 Mar 2024 Decrease 3 No gold reserves 1 Mar 2024 Steady [173]
 Antigua and Barbuda Americas Caribbean 285 1 Mar 2024 Increase 6 No gold reserves 1 Mar 2024 Steady [174]
 Belize Americas Central America 281 1 Mar 2024 Increase 4 No gold reserves 1 Mar 2024 Steady [175]
 Saint Lucia Americas Caribbean 258 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [176]
 Yemen Asia West Asia 250 1 Mar 2024 Increase 5 No gold reserves 1 Mar 2024 Steady [177]
 Grenada Americas Caribbean 247 1 Mar 2024 Increase 11 No gold reserves 1 Mar 2024 Steady [178]
 Tonga Oceania Polynesia 226 1 Mar 2024 Decrease 3 No gold reserves 1 Mar 2024 Steady [179]
 Togo Africa West Africa 208 1 Mar 2024 Decrease 7 No gold reserves 1 Mar 2024 Steady [180]
 Comoros Africa East Africa 197 1 Mar 2024 Decrease 5 No gold reserves 1 Mar 2024 Steady [181]
 Saint Vincent and the Grenadines Americas Caribbean 192 1 Mar 2024 Decrease 1 No gold reserves 1 Mar 2024 Steady [182]
 Eritrea Africa East Africa 189 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [183]
 Samoa Oceania Polynesia 188 1 Mar 2024 Increase 3 No gold reserves 1 Mar 2024 Steady [184]
 São Tomé and Príncipe Africa Central Africa 186 1 Mar 2024 Increase 2 No gold reserves 1 Mar 2024 Steady [185]
 Sudan Africa East Africa 172 1 Mar 2024 Decrease 5 No gold reserves 1 Mar 2024 Steady [186]
 Dominica Americas Caribbean 168 1 Mar 2024 Increase 6 No gold reserves 1 Mar 2024 Steady [187]
 Senegal Africa West Africa 164 1 Mar 2024 Increase 12 No gold reserves 1 Mar 2024 Steady [188]
 Zimbabwe Africa Southern Africa 159 1 Mar 2024 Increase 8 No gold reserves 1 Mar 2024 Steady [189]
 Chad Africa Central Africa 143 1 Mar 2024 Decrease 4 No gold reserves 1 Mar 2024 Steady [190]
 Burundi Africa Central Africa 105 1 Mar 2024 Decrease 6 No gold reserves 1 Mar 2024 Steady [191]
 South Sudan Africa East Africa 80 2 Mar 2024 Increase 7 No gold reserves 1 Mar 2024 Steady [192]
 Benin Africa West Africa 69 1 Mar 2024 Increase 9 No gold reserves 1 Mar 2024 Steady [193]
 Montserrat Americas Caribbean 54 1 Mar 2024 Increase 5 No gold reserves 1 Mar 2024 Steady [194]
 Equatorial Guinea Africa Central Africa 46 1 Mar 2024 Decrease 2 No gold reserves 1 Mar 2024 Steady [195]
 Burkina Faso Africa West Africa 42 1 Mar 2024 Decrease 3 No gold reserves 1 Mar 2024 Steady [196]
 Somalia Africa East Africa 37 1 Mar 2024 Increase 5 No gold reserves 1 Mar 2024 Steady [197]
 Kiribati Oceania Micronesia 8 1 Mar 2024 Increase 2 No gold reserves 1 Mar 2024 Steady [198]

Timeline of the top 5 countries

[edit]

The five countries with the largest foreign exchange reserves almost all have reserves of at least 500 billion USD and higher and have maintained such an amount for at least a week.[199][200]

1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
  •   Switzerland
  •   China
  •   India
  •   Japan
  •   Russia
Historical forex reserves (including gold) of top 5 countries (Source: World Bank[201] )


  • China - China has the largest reserve since last 14 years.[202][203] The main composition of Chinese forex reserves is approximately two-thirds USD and one-fifth Euros with the rest made up of Japanese Yen and the British Pound. China was the second country to reach $500 billion and the first to reach $1 trillion in reserves. China is also the only country that reached net reserves of $2 trillion and $3 trillion. Chinese forex reserve reached over $3.993 trillion and possibly reached $4 trillion before July 2014 but there was no official figures to confirm it.
  • Japan - Japanese has the second largest reserves in the world. Japan was the first country to reach $500 billion in reserves and had the highest forex reserves in the world until they were surpassed by China in 2006. They have remained in second place since 2006 and above $1 trillion since 2008, being the second country to surpass $1 trillion.[204]
  • Switzerland - Swiss has the third largest reserves in the world. Switzerland became the fifth country to reach $500 Billion in 2014 after Saudi Arabia and the third country to reach $1 trillion at the end of 2020. Swiss reserves are compiled in Swiss francs. After the 2007–2008 financial crisis, the Swiss franc has significantly appreciated against other currencies due to Switzerland's traditional perceived safety which has attracted speculative foreign capital; due to the inflows of investment income by Swiss firms, and due to the large surplus in the trade of goods. To protect the real economy from the sudden speculative appreciation of the currency, the Swiss National Bank began intervening in the currency markets, first with an explicit target of a maximum exchange rate against the euro of 1.20CHF/EUR until 2015,[205] and then through implicit interventions. However, the resilience of the export sector and the continued inflows of capital, has meant that the Swiss Franc has kept appreciating.[206] As a result of this, the SNB has been unable to dispose of its large accumulated foreign exchange reserves since their sale would lead to an even greater appreciation of the currency.
  • India- India has the world's fourth largest reserves. On 4 June 2021 reserves exceeded $600 billion for the first time and they became the fifth country after Switzerland to do so.[207] During the 1991 Indian economic crisis country only had $5 billion of reserves left which led to subsequent economic liberalisation.[208] Since then the reserves have seen a 127 times increase over 30 years. In April 2024, Foreign-exchange reserves of India hit a fresh all-time high of $642.63 including 803.58 tons of gold reserves. Out of which 403.7 tons of golds is held with Bank of England and Bank for International Settlements, and rest is held domestically. It is done to provide a sense of security and to ensure diversification of risk by spreading gold holdings across multiple location.[209] In May 2024, India decided to move all of its gold holding with the Bank of England to its domestic vaults, the first batch of 100 metric tonnes of its gold was moved back to India on 31 May 2024. This decision was primally taken due to west's unexpected sections during Ukraine war on roughly $300 billion worth of Russian gold kept in various European countries, which caused a sense of insecurity within the Indian government & economy experts.[210][211]
  • Russia - Russia has the world's fifth largest reserves; They have reached a level of $600 billion on 21 May 2021. They were the third country to reach $500 billion.[212] The first fall in reserves was due to the Great Recession, the second fall in 2015 was due to falling oil prices.

Currency composition of foreign exchange reserves

[edit]

IMF releases the quarterly data on the currency composition of official foreign exchange reserves. The data are reported to the IMF on a voluntary and confidential basis. As of Q4 2016, there are 146 reporters, consisting of IMF member countries, a number of non-member countries/economies, and other entities holding foreign exchange reserves. From Q4 2016, the data was expanded to include renminbi (RMB).[213] Monetary gold is not covered in COFER but included in reserved assets, a broader scope than that of COFER.[214]

Currency composition of foreign exchange reserves (COFER) (billion US$)[213]
Foreign currencies' reserves
United StatesUSD European UnionEUR JapanJPY United KingdomGBP CanadaCAD ChinaRMB AustraliaAUD SwitzerlandCHF Other
currencies
Unallocated
reserves
Total
Time period
2019 Q1 6,727.09 2,208.79 584.63 495.70 208.64 212.26 181.95 15.27 263.50 712.93 11,610.77
Q2 6,752.28 2,264.88 611.87 497.41 209.85 212.80 186.71 15.53 270.56 715.88 11,737.76
Q3 6,728.85 2,212.74 612.75 492.22 205.44 213.83 182.48 16.20 262.92 729.40 11,656.82
Q4 6,674.83 2,279.30 631.00 511.51 206.71 215.81 187.18 17.36 281.50 749.55 11,824.74
2020 Q1 6,794.91 2,197.30 624.97 486.08 195.13 221.48 170.16 16.05 255.53 770.32 11,731.94
Q2 6,902.01 2,272.44 643.70 504.36 215.47 233.68 190.34 17.22 278.67 754.11 12,011.98
Q3 6,927.16 2,359.61 668.19 523.64 231.10 247.44 199.51 19.30 283.16 787.44 12,246.56
Q4 6,990.97 2,526.41 715.35 561.39 246.57 271.60 216.87 20.74 314.63 841.14 12,705.67
2021 Q1 6,971.79 2,404.80 686.30 554.28 250.01 293.32 214.89 19.44 335.82 851.50 12,582.14
Q2 7,070.33 2,458.88 672.20 560.90 270.01 314.81 218.44 23.13 357.57 865.83 12,812.12
Q3 7,087.77 2,462.44 681.42 561.66 264.29 320.15 214.26 23.77 354.77 860.67 12,831.20
Q4 7,087.14 2,486.88 671.77 576.22 286.93 336.10 218.02 24.51 362.96 886.73 12,937.27
2022 Q1 6,868.97 2,328.35 626.44 569.45 286.02 330.03 221.91 29.48 387.80 858.65 12,507.09
Q2 6,645.02 2,187.63 572.65 538.73 275.75 308.22 209.14 27.63 358.62 858.26 11,981.65
Q3 6,426.89 2,086.40 560.11 489.95 260.92 281.12 204.78 24.78 358.59 841.74 11,535.29
Q4 6,460.21 2,252.06 608.17 543.11 262.62 287.81 217.08 25.31 383.64 877.79 11,917.81
2023 Q1 6,630.89 2,186.33 610.39 605.02 270.60 287.12 221.62 28.26 389.07 877.53 12,029.03
Q2 6,641.89 2,207.25 597.15 533.64 278.51 272.99 219.70 21.26 403.72 887.06 12,055.26
Q3 6,497.94 2,150.47 598.73 530.36 274.36 260.12 222.35 20.30 426.63 920.27 11,901.53
Q4 6,687.11 2,287.57 652.90 553.91 295.25 261.73 241.78 26.38 442.77 883.06 12,332.46
2024 Q1 6,774.82 2,253.79 654.52 562.48 295.64 247.10 248.42 21.93 439.56 885.35 12,383.61
Q2 6,675.82 2,265.29 641.07 565.92 306.85 245.17 256.45 22.43 486.89 881.90 12,347.42
Q3
Q4

See also

[edit]

References

[edit]
  1. ^ "Foreign Exchange Reserves: What They Are, Why Countries Hold Them". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  2. ^ "Foreign Exchange Reserves: Purpose". Retrieved 27 October 2024.
  3. ^ "International Reserves and Foreign Currency Liquidity". www.safe.gov.cn/en. SAFE. Archived from the original on 5 December 2018. Retrieved 2 March 2024.
  4. ^ "International Reserves/Foreign Currency Liquidity (as of the end of September 2024)". Ministry of Finance. Retrieved 23 October 2024.
  5. ^ "Official reserve assets and other foreign currency assets". www.snb.ch/en. Swiss National Bank. Archived from the original on 4 October 2021. Retrieved 2 March 2024.
  6. ^ "Reserve Bank of India - Weekly Statistical Supplement" (PDF). www.rbi.org.in. Retrieved 1 November 2024.
  7. ^ "Reserve Bank of India - Foreign Exchange Reserves". www.rbi.org.in. Retrieved 1 November 2024.
  8. ^ "Inter national Reserve Bank of Russian Federation". Central Bank of Russia. Archived from the original on 12 November 2020. Retrieved 18 October 2024.
  9. ^ "Foreign Exchange Reserves - the Republic of China (Taiwan)". Archived from the original on 23 April 2024. Retrieved 23 April 2024.
  10. ^ "Reserve Assets". www.sama.gov.sa. Saudi Central Bank. Archived from the original on 1 October 2022. Retrieved 7 March 2024.
  11. ^ "International Reserves and Foreign Currency Liquidity". www.hkma.gov.hk/eng. Hong Kong Monetary Authority. Archived (PDF) from the original on 2 March 2024. Retrieved 23 April 2024.
  12. ^ "Official Foreign Reserves". www.bok.or.kr. Bank of Korea. Archived from the original on 26 March 2024. Retrieved 2 March 2024.
  13. ^ "Official Foreign Reserves". www.mas.gov.sg. Monetary Authority of Singapore (MAS). Archived from the original on 19 November 2020. Retrieved 2 October 2023.
  14. ^ "BANCO CENTRAL DO BRASIL". www.bcb.gov.br. Central Bank of Brazil. Archived from the original on 21 July 2021. Retrieved 1 March 2024.
  15. ^ "International Reserves". www.bundesbank.de. Deutsche Bundesbank. Retrieved 10 April 2024.
  16. ^ "Bank of Italy - Official reserves (Riserve ufficiali)". Archived from the original on 21 November 2023. Retrieved 2 March 2024.
  17. ^ "U.S. International Reserve Position". www.home.treasury.gov. United States Department of the Treasury. Archived from the original on 27 October 2021. Retrieved 2 March 2024.
  18. ^ "International reserves". Bank of France. Archived from the original on 7 March 2023. Retrieved 21 July 2022.
  19. ^ "International Reserves". www.bot.or.th. Bank of Thailand. Archived from the original on 3 August 2023. Retrieved 15 March 2024.
  20. ^ "Boletín Semanal sobre el Estado de Cuenta del Banco de México" (PDF). Banxico.gob.mx. Archived (PDF) from the original on 26 March 2024. Retrieved 15 March 2024.
  21. ^ "Foreign Exchange Reserves at the Bank of Israel". www.boi.org.il. Bank of Israel. Archived from the original on 26 March 2024. Retrieved 1 March 2024.
  22. ^ "International Reserves and Foreign Currency Liquidity". Archived from the original on 3 January 2024. Retrieved 3 January 2024.
  23. ^ "UK International Reserves". www.bankofengland.co.uk. Bank of England. Archived from the original on 26 March 2024. Retrieved 5 March 2024.
  24. ^ "Monthly Official International Reserves". Central Bank of the United Arab Emirates. Archived from the original on 2 July 2022. Retrieved 1 March 2024.
  25. ^ "ČNB". Czech National Bank. Archived from the original on 15 July 2018. Retrieved 1 March 2024.
  26. ^ "Monetary Indicators". Bank of Indonesia. Archived from the original on 12 October 2021. Retrieved 1 March 2024.
  27. ^ "TCMB - International Reserves and Foreign Currency Liquidity" (PDF). www.tcmb.gov.tr. Archived (PDF) from the original on 26 March 2024. Retrieved 1 March 2024.
  28. ^ "Selected euro area statistics and national breakdowns". 1 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  29. ^ "International Reserves of Bank Negara Malaysia as at 30 September 2024". Central Bank of Malaysia. Retrieved 23 October 2024.
  30. ^ "Monthly Official International Reserves". 5 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  31. ^ "GROSS INTERNATIONAL RESERVES". Bangko Sentral ng Pilipinas. Archived from the original on 7 June 2024. Retrieved 7 June 2024.
  32. ^ "Iraq Central Bank says regulated dollar transactions rising". 25 March 2024. Archived from the original on 26 March 2024. Retrieved 25 March 2024.
  33. ^ "International reserves and foreign currency liquidity" (PDF). Banco de España. Archived (PDF) from the original on 26 March 2024. Retrieved 1 March 2024.
  34. ^ "Weekly Information on Banking Operations". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  35. ^ "Press Releases - International Reserves". Retrieved 10 October 2024.
  36. ^ "International Reserves of the Belgium". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  37. ^ "Denmark Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  38. ^ "Activos Externos netos de corto plazo (miliones US$) [monthly series]. BN". Archived from the original on 4 December 2023. Retrieved 4 December 2023.
  39. ^ "Norway Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  40. ^ "Official Website, International reserve" (PDF). Central bank of Libya. Archived from the original (PDF) on 13 August 2022. Retrieved 1 March 2024.
  41. ^ "Official foreign exchange reserves". Archived from the original on 13 April 2023. Retrieved 4 July 2023.
  42. ^ "Qatar Central Bank Foreign Reserves Surge by 4.91 Percent in February 2024". Archived from the original on 26 March 2024. Retrieved 1 March 2024.
  43. ^ "Official reserve assets (weekly report)". 23 March 2024. Archived from the original on 6 March 2021. Retrieved 12 March 2021.
  44. ^ "Official Reserve Assets". Archived from the original on 2 February 2024. Retrieved 2 February 2024.
  45. ^ "Official Reserve Assets". Reuters. 7 March 2024. Archived from the original on 8 March 2023. Retrieved 12 April 2018.
  46. ^ "International Reserves of the Portugal". Archived from the original on 16 December 2022. Retrieved 26 March 2024.
  47. ^ "Gold and Foreign Exchange Position". Archived from the original on 26 March 2024. Retrieved 1 March 2024.
  48. ^ "Central Bank of Kuwait: Monthly". Archived from the original on 8 March 2021. Retrieved 1 March 2024.
  49. ^ "Chile Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 1 March 2024.
  50. ^ "National Bank of Ukraine". Archived from the original on 5 January 2024. Retrieved 5 January 2024.
  51. ^ "International Reserves - Foreign Exchange Liquidity". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  52. ^ "Bulgaria Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  53. ^ "Egypt's international reserves". 5 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  54. ^ "Nigeria's FX reserve". 1 March 2024. Archived from the original on 26 March 2024. Retrieved 1 March 2024.
  55. ^ "International Reserves of the Austria". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  56. ^ "Kazakhstan's international reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  57. ^ "International Reserves of the Republic of Uzbekistan". Archived from the original on 29 March 2024. Retrieved 26 March 2024.
  58. ^ "Morocco's International reserves". Archived from the original on 6 August 2023. Retrieved 26 March 2024.
  59. ^ "New Zealand's official overseas reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  60. ^ "FX reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  61. ^ "NBS | Prikaz vesti".
  62. ^ "Foreign Exchange Reserve (Monthly) - Bangladesh Central Bank". Retrieved 6 October 2024.
  63. ^ "Iran's forex reserves". 17 October 2023. Archived from the original on 30 March 2024. Retrieved 26 March 2024.
  64. ^ "Macau's International reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  65. ^ "Guatemala Reserves". 13 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  66. ^ "Argentina Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  67. ^ "The World Factbook: Reserves of foreign exchange and gold". Archived from the original on 13 June 2007. Retrieved 12 March 2014.
  68. ^ "Cambodia foreign exchange and gold".
  69. ^ "Jordan's foreign currency reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  70. ^ "'Worry' as Nepal's forex reserves soar to record Rs1.84 trillion". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  71. ^ "Oman Foreign Exchange Reserves". Archived from the original on 6 August 2023. Retrieved 26 March 2024.
  72. ^ "Central Bank of Uruguay". Archived from the original on 20 October 2021. Retrieved 14 November 2020.
  73. ^ "Lebanon Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  74. ^ "Dominican Republic - Foreign exchange reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  75. ^ "Angola's FX Reserve Drops to 14.2B as of March 2024". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  76. ^ "Fitch Upgrades Costa Rica to 'BB'; Outlook Stable". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  77. ^ "Official External Reserves". Central Bank of Ireland. Archived from the original on 7 December 2022. Retrieved 31 July 2022.
  78. ^ "azerbaijan Foreign Exchange Reserves". 4 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  79. ^ "Ivory Coast Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  80. ^ "Paraguay Foreign Exchange Reserves". Archived from the original on 29 March 2024. Retrieved 26 March 2024.
  81. ^ "Bosnia and Herzegovina Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  82. ^ "Tunisia Foreign Exchange Reserves". Archived from the original on 29 March 2024. Retrieved 26 March 2024.
  83. ^ "Северная Корея распродает золотой запас". Retrieved 1 March 2024.
  84. ^ "LIQUID FOREIGN EXCHANGE RESERVES" (PDF). Retrieved 4 November 2024.
  85. ^ "Finland Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  86. ^ "Slovakia Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  87. ^ "INTERNATIONAL RESERVES -Honduras" (in Spanish). Archived from the original on 1 June 2020. Retrieved 26 March 2024.
  88. ^ "Weekly Commentary – 22nd March 2024". 26 March 2024. Archived from the original on 29 March 2024. Retrieved 26 March 2024.
  89. ^ "INTERNATIONAL RESERVES -Iceland". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  90. ^ "Total reserves (includes gold, current US$) - Data". Archived from the original on 30 June 2017. Retrieved 18 December 2015.
  91. ^ "International Liquidity selected indicators - Afghanistan". Archived from the original on 24 February 2021. Retrieved 10 November 2019.
  92. ^ "Panama: Statement Of the 2024". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  93. ^ "Weekly Economic Indicators". Archived from the original on 6 November 2022. Retrieved 6 November 2022.
  94. ^ "Unprecedented 24 hour Stability in Venezuelan Exchange Market". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  95. ^ "Trinidad and Tobago's Mixed Economic Outlook". 18 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  96. ^ "Moldova International Reserves and Foreign Currency Liquidity". 30 August 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  97. ^ "Mauritius Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  98. ^ "Bahrain Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  99. ^ "Albania's FX reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  100. ^ "Georgia's foreign currency reserves". 25 March 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  101. ^ "Foreign Exchange Reserves Exceed USD 5 Billion". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  102. ^ "Botswana Economic Stats". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  103. ^ "Fitch Upgrades Jamaica to 'BB-'; Outlook Positive". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  104. ^ "Lithuania Economic numbers" (PDF). Archived (PDF) from the original on 26 March 2024. Retrieved 26 March 2024.
  105. ^ "Vatican Foreign Exchange Reserve Rise by 39 million". Archived from the original on 25 January 2023. Retrieved 22 December 2021.
  106. ^ "Armenia Foreign Reserve". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  107. ^ "Fitch Affirms Nicaragua at 'B-'; Revises Outlook to Positive". Archived from the original on 29 December 2023. Retrieved 26 March 2024.
  108. ^ "Greece Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  109. ^ "Latvia Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  110. ^ "Uganda Foreign Reserve". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  111. ^ "Andorra Foreign Exchange Reserves". Archived from the original on 22 January 2021. Retrieved 26 March 2024.
  112. ^ "Brunei Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  113. ^ "International reserves- Camron". doi:10.1016/j.ememar.2024.101130. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  114. ^ "NBE says FX reserve is close to USD 3.4 billion". 27 January 2024. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  115. ^ "Ghana Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  116. ^ "Ecuador Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  117. ^ "Belarus Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  118. ^ "Kyrgyzstan Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  119. ^ "Croatia's International reserves". 2 August 2024.
  120. ^ "Republic of Slovenia: Technical Assistance Report". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  121. ^ "El Salvador Foreign Exchange Reserves". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  122. ^ "Cuba Country Report 2024". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  123. ^ "TREASURY MARKET UPDATE" (PDF). Archived (PDF) from the original on 27 March 2024. Retrieved 27 March 2024.
  124. ^ "PNG's views on foreign exchange". 18 July 2023. Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  125. ^ "Haiti Official Reserve Assets". Archived from the original on 26 March 2024. Retrieved 26 March 2024.
  126. ^ "Estonia Foreign Exchange Reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  127. ^ "Namibia Reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  128. ^ "Exchange Control Administration (2024)". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  129. ^ "Bolivia forex reserve". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  130. ^ "Stable Exchange Rates Reign For MGA". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  131. ^ "Montenegro Outlook". Archived from the original on 29 March 2024. Retrieved 27 March 2024.
  132. ^ "Mauritania Länderbericht - BTI Transformation Index". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  133. ^ "Monetary sector Tajikistan". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  134. ^ "Rwanda forex reserve". 27 February 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  135. ^ "Zambia forex reserve" (PDF). Archived (PDF) from the original on 27 March 2024. Retrieved 27 March 2024.
  136. ^ "Guinea forex reserve". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  137. ^ "Gabon forex reserve". Archived from the original on 29 March 2024. Retrieved 27 March 2024.
  138. ^ "Euro is back on the scene for global central banks". 7 March 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  139. ^ "Luxembourg forex reserve". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  140. ^ "Laos forex reserve". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  141. ^ "Curaçao International Reserve Statement". Archived from the original on 30 March 2024. Retrieved 27 March 2024.
  142. ^ "The Fijian Economy". 26 March 2024. Archived from the original on 29 March 2024. Retrieved 27 March 2024.
  143. ^ "Movement In Reserves". Archived from the original on 29 March 2024. Retrieved 27 March 2024.
  144. ^ "Fitch Revises Aruba's Outlook to Positive; Affirms at 'BB+'". Archived from the original on 21 March 2024. Retrieved 27 March 2024.
  145. ^ "Bhutan International Reserve Statement". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  146. ^ "Economic Engine of the Balkans". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  147. ^ "Malta forex reserves". 19 March 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  148. ^ "Fitch Affirms Lesotho at 'B'; Outlook Stable". Archived from the original on 12 January 2024. Retrieved 27 March 2024.
  149. ^ "Outlook for Barbados' Economy in 2024". Archived from the original on 29 March 2024. Retrieved 27 March 2024.
  150. ^ "Cape Verde forex reserves". 12 March 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  151. ^ "San Marino forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  152. ^ "Gambia forex reserves". Archived from the original on 22 March 2024. Retrieved 27 March 2024.
  153. ^ "indicators of the Palestinian economy". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  154. ^ "Timor-Leste forex reserves" (PDF). Archived (PDF) from the original on 12 September 2023. Retrieved 27 March 2024.
  155. ^ "Suriname's Foreign Reserves". 24 March 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  156. ^ "Sierra Leone forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  157. ^ "Outlook for Mali's Economy". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  158. ^ "Maldives' Foreign Reserves". 11 January 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  159. ^ "Guyana forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  160. ^ "Solomon Islands forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  161. ^ "Seychelles forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  162. ^ "Vanuatu forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  163. ^ "Congo international reserves". 22 March 2024. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  164. ^ "Djibouti forex reserves". Archived from the original on 29 March 2024. Retrieved 27 March 2024.
  165. ^ "Malawi forex reserves". Reuters.
  166. ^ "Eswatini forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  167. ^ "Republic of the Congo forex reserves". 29 June 2023. Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  168. ^ "Syria forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  169. ^ "Federated States of Micronesia forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  170. ^ "Central African Republic forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  171. ^ "Saint Kitts and Nevis forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  172. ^ "Liberia forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  173. ^ "Guinea-Bissau forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  174. ^ "Antigua and Barbuda forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  175. ^ "Belize forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  176. ^ "Saint Lucia forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  177. ^ "Yemen forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  178. ^ "Grenada forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  179. ^ "Tonga forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  180. ^ "Togo forex reserves". Archived from the original on 28 March 2024. Retrieved 27 March 2024.
  181. ^ "Comoros forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  182. ^ "Saint Vincent and the Grenadines forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  183. ^ "Eritrea forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  184. ^ "Samoa forex reserves" (PDF). Archived (PDF) from the original on 26 November 2022. Retrieved 27 March 2024.
  185. ^ "São Tomé and Príncipe forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  186. ^ "Sudan forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  187. ^ "Dominica forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  188. ^ "Senegal forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  189. ^ "Zimbabwe forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  190. ^ "Chad forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  191. ^ "Burundi forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  192. ^ "South Sudan forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  193. ^ "Benin forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  194. ^ "Montserrat forex reserves". Archived from the original on 28 March 2024. Retrieved 27 March 2024.
  195. ^ "Equatorial Guinea forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  196. ^ "Burkina Faso forex reserves". Archived from the original on 28 March 2024. Retrieved 27 March 2024.
  197. ^ "Somalia forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  198. ^ "Kiribati forex reserves". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  199. ^ "Saudi reserves fastest fall in two decades". 29 April 2020. Archived from the original on 25 June 2020. Retrieved 22 June 2020.
  200. ^ "Development indicator provided by World Bank for China, Japan, Switzerland, India, & Russia". Archived from the original on 27 March 2024. Retrieved 27 March 2024.
  201. ^ "Historical forex reserves (including gold) of top 5 countries".
  202. ^ Bradsher, Keith (18 February 2016). "China's Foreign Exchange Reserves Dwindling Rapidly". The New York Times. Archived from the original on 7 June 2020. Retrieved 12 June 2020.
  203. ^ Babones, Salvatore (24 May 2018). "China Is Sitting On $3 Trillion In Currency Reserves, But Is That Enough?". Forbes. Archived from the original on 7 June 2020. Retrieved 23 May 2020.
  204. ^ Terada, Shinichi (8 March 2008). "Forex reserves pass $1 trillion milestone". The Japan Times. Archived from the original on 7 June 2020. Retrieved 23 May 2020.
  205. ^ "Swiss National Bank discontinues minimum exchange rate and lowers interest rate to –0.75%" (PDF). snb.ch. Zurich. 15 January 2015. Archived (PDF) from the original on 7 August 2023. Retrieved 7 August 2023.
  206. ^ Revill, John (30 November 2021). "Analysis: Swiss franc rises to six year high as central bank stands back". Reuters. Archived from the original on 9 December 2021. Retrieved 9 December 2021.
  207. ^ "India's forex reserves crosses half trillion for the first time". Archived from the original on 25 March 2023. Retrieved 15 June 2020.
  208. ^ "The need to act fast". 27 August 2023. Archived from the original on 27 August 2023. Retrieved 27 August 2023.
  209. ^ Nayak, Gayatri (5 July 2017). "India help 47 tons gold with Bank of England". The Economic Times.
  210. ^ "India moves 100 metric tonnes of gold from U.K. to domestic vaults".
  211. ^ "Foreign Exchange Reserves of India". www.rbi.org.in. Retrieved 1 November 2024.
  212. ^ "Russian Reserves March Toward $600 Billion As Sanction Threats Loom, Fitch Says". www.rferl.org. Archived from the original on 29 April 2020. Retrieved 23 May 2020.
  213. ^ a b "IMF Data - Currency Composition of Official Foreign Exchange Reserves (COFER)". International Monetary Fund. 22 December 2023. Archived from the original on 4 December 2014. Retrieved 25 January 2024.
  214. ^ "FAQs". Currency Composition of Official Foreign Exchange Reserves. International Monetary Fund. Archived from the original on 23 April 2021. Retrieved 22 August 2020.
[edit]