Top Countries by Largest Foreign Exchange Reserves

Simran Mishra

China tops with $3,572B reserves, over 25% of global total, mainly held in US dollars and gold.

Japan ranks second with $1,239B, holding major US Treasuries to support its export-driven economy.

Switzerland holds $953B, diversified reserves used to stabilize its currency and economy.

India stands fourth with $686B, a key buffer for the rupee and investor confidence.

Russia ranks fifth with $621B, supported by major gold holdings and energy exports.

Taiwan holds $577B, reflecting its strong export economy and currency management.

Saudi Arabia’s $435B reserves come from oil surpluses, aiding economic stability.

Hong Kong holds $421B to maintain stability of the Hong Kong dollar.

South Korea and Brazil hold $416B and $389B, vital for regional stability.

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