Russia has regained fourth place in the world in terms of international reserves, according to calculations by the “Russian News Agency RIA Novosti”, based on data issued by central banks around the world.
China, Switzerland, and France saw the largest drawdowns of reserves at the end of winter, at $56.6 billion, $31.9 billion, and $24.3 billion, respectively.
The top 10 countries in terms of international reserves included: Saudi Arabia with $452.6 billion, Hong Kong with $429.1 billion, South Korea with $425.3 billion, and Brazil with reserves of $322.8 billion. Singapore was a newcomer to the Big 10 list, with assets worth $294.1 billion, replacing Germany in 10th place.
Source (Asharq Al-Awsat Newspaper, Edited)
