The 10 Countries That Have the Most Foreign Exchange Reserves.. Including one Arab country!

  • International
  • 26 June 2023
1

China ranked first in the world in terms of foreign exchange reserves, with reserves of $ 3.4 trillion, while Japan and Switzerland come in the next rank.

Saudi Arabia is among the largest countries with foreign exchange reserves in its central bank, exceeding $ 400 billion, and ranks ninth in the world. The United States is thirteenth on the list with foreign exchange reserves of $242 billion.

This ranks the largest foreign exchange reserve retainers: China ($3.4 trillion), Japan ($1.25 trillion), Switzerland ($912 billion), India ($596 billion), Russia ($587 billion), Taiwan ($561 billion), Hong Kong ($430 billion), South Korea ($423 billion), Saudi Arabia ($404 billion), Brazil ($341 billion), Singapore ($289 billion), Germany ($277 billion), and the United States of America ( $242 billion).

Source (Al-Arabiya.net Website, Edited)

 

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