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.

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 ...

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, ...

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 ...