5 Countries With The Largest Foreign Reserves in 2023. Image Source: Shutterstock. A good example of this is Pakistan's economic crisis, which is currently ongoing.

Crucial reserves. Preserve foreign reserves to deal with worse outflows, turmoil in future, IMF tells countries Advice comes at a time when RBI has spent over $100 billion to defend Indian rupee ...

Foreign exchange reserves are assets denominated in a foreign currency that are held by a nation's central bank. These may include foreign currencies, bonds, treasury bills, and other government ...

I have a new article in the China Project laying out China’s shadow reserves—foreign exchange either bought by the People’s Bank of China (PBOC) and then moved off its balance sheet, or ...

In 1999, the average holding of U.S. dollars in countries’ foreign exchange reserves was about 70 percent. As of the second quarter of 2022, that was 59.5 percent, ...

In the last nine months, India’s reserve stockpile fell by $97 billion. This is significantly higher than the drawdown of reserves during the 2008 global financial crisis ($37.3 billion) and the ...

The data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicate that the total reserve assets of the Gulf Cooperation Council (GCC) ...

18. Israel. Total forex reserves as at October 2023 (in millions): $191,235. Amid its war with Gaza, Israel’s central bank sold $30 billion of foreign reserves to support the Israeli shekel.

In this article, we will be taking a look at the 20 countries with the largest foreign reserves in 2023. To skip our detailed analysis, you can go directly to see the 5 countries with the largest ...