Forex reserves list
sizeable war chest of foreign currency reserves is especially handy during a currency crisis since it can be used south african forex brokers to defend against speculative attacks on the national currency. The top ten nations in terms of foreign currency reserves had combined reserve assets.8 trillion as of March 2018, almost half of which was accounted for by China and Hong Kong. Dollar.5 #2 Euro.0 #3 Japanese Yen.5 #4 British Pound.5 #5 Canadian Dollar.0 #6 Aussie Dollar.8 #7 Chinese Yuan.1 n/a Other.6 Interestingly, the Japanese yen has decent acceptance as a reserve currency, but the country still holds the. Dollar and the euro are the most common reserve currencies used in international transactions.
Maintaining foreign currency reserves is vital to the economic health of a nation. In the high stakes game of international trade, holding onto a stockpile of foreign cash gives you options. China 3,161.5 #2, japan 1,204.7 #3, switzerland 785.7 #4, saudi Arabia 486.6 #5, hong Kong (China) 437.5 #6, india 397.2 #7, south Korea 385.3 #8. Most nations hold the vast majority of their foreign currency reserves.S.
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Japan 1,198.9 3, switzerland 785.7 4, taiwan 456.7 5, hong Kong 437.5 6, india 397.2 7, republic of Korea 385.3 8, brazil 359.1 9 Russian Federation 356.5 10 Singapore 279.8 The above table lists Chinas and Hong Kongs reserves separately. All reserve assets are given in billions.S. To put this all into context, here is what central banks reported in 2017 Q3 for their foreign currency holdings: Rank, reserve Currency, global Holdings #1. Asian nations dominate the ranks of the nations with the largest foreign currency reserves, accounting for seven of the top ten. Dollars and a much smaller portion in euros. Given email address is already subscribed, thank you! Reserves reported in several countries. Solutions, languages, copyright 2018 trading economics, all Rights Reserved. Reserves, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to historical data charts. China has by far the largest foreign currency reserves with over two and half times more than the second largest reserve holder, Japan. Further potential sanctions related to the. Here is a list of the top 10 countries China tops the list with a solid.2 trillion in reserves held: Rank, country, forex Reserves (B) #1.
The United States had foreign currency reserves of 123.5 billion as of August 2018.
The United Kingdom, which did not make the list, had 187.4 billion in foreign reserves as of August 2018.
List of countries by foreign-exchange reserves - Wikipedia forex, oman s Domestic Credit reached The country s Non Performing Loans Ratio stood at oman.
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