Russia: Foreign exchange reserves!

Hello,

Reserves were formerly held only in gold, as official gold reserves. But under the Bretton Woods system, the United States pegged the dollar to gold, and allowed convertibility of dollars to gold. This effectively made dollars appear as good as gold. The U.S. later abandoned the gold standard, but the dollar has remained relatively stable as a flat currency, and it is still the most significant reserve currency. Central banks now typically hold large amounts of multiple currencies in reserve.

Rank Country/Monetary Authority Foreign exchange reserves
(millions of USD)
Figures as of
Flag of World World (sum of all countries) $ 7,208,609
1 Flag of the People's Republic of China People’s Republic of China
(does not include Hong Kong SAR & Macau SAR)
$ 1,589,900 January 2008
2 Flag of Japan Japan $ 1,007,981 February 2008
Flag of Europe Eurozone
(EU member states which have adopted the euro, incl. ECB)
$ 556,965 January 2008
3 Flag of Russia Russia $ 494,500 March 2008
4 Flag of India India $ 301,235 February 2008
5 Flag of the Republic of China Taiwan $ 277,840 February 2008
6 Flag of South Korea South Korea $ 262,400 February 2008
7 Flag of Brazil Brazil $ 193,782 March 2008
8 Flag of Singapore Singapore $ 171,735 February 2008
9 Flag of Hong Kong Hong Kong $ 160,300 February 2008
10 Flag of Germany Germany $ 147,255 January 2008
11 Flag of France France $ 128,513 January 2008
12 Flag of Malaysia Malaysia $ 116,300 February 2008
13 Flag of Algeria Algeria $ 110,000 December 2007
14 Flag of the United Kingdom United Kingdom $ 104,580 February 2008
15 Flag of Italy Italy $ 103,459 January 2008
16 Flag of Thailand Thailand $ 100,500 February 2008
17 Flag of Mexico Mexico $ 90,380 February 2008
18 Flag of Libya Libya $ 79,000 September 2007
19 Flag of Iran Iran $ 76,100 November 2007
20 Flag of Switzerland Switzerland $ 75,559 January 2008
21 Flag of Turkey Turkey $ 74,900 February 2008
22 Flag of the United States United States $ 73,521 February 2008
23 Flag of Poland Poland $ 68,564 January 2008
Flag of Europe European Central Bank
(ECB, reserves not wholly owned by any single EU member)
$ 64,285 January 2008
24 Flag of Norway Norway $ 58,930 January 2008
25 Flag of Indonesia Indonesia $ 57,130 February 2008
26 Flag of Nigeria Nigeria $ 56,800 February 2008
27 Flag of Argentina Argentina $ 49,000 February 2008
28 Flag of Canada Canada $ 43,613 February 2008
29 Flag of Romania Romania $ 41,078 January 2008
30 Flag of the Czech Republic Czech Republic $ 37,017 February 2008
31 Flag of Denmark Denmark $ 36,317 January 2008
32 Flag of the Philippines Philippines $ 36,100 February 2008
33 Flag of Egypt Egypt $ 32,915 February 2008
34 Flag of Venezuela Venezuela $ 32,723 March 2008
35 Flag of South Africa South Africa $ 32,723 February 2008
36 Flag of Peru Peru $ 32,587 March 2008
37 Flag of Ukraine Ukraine $ 31,842 January 2008
38 Flag of Australia Australia $ 31,832 January 2008
39 Flag of Sweden Sweden $ 31,561 January 2008
40 Flag of Saudi Arabia Saudi Arabia $ 31,320 October 2007
41 Flag of the United Arab Emirates United Arab Emirates $ 29,620 2007 est.
42 Flag of Israel Israel $ 28,662 January 2008
43 Flag of the Netherlands Netherlands $ 27,486 January 2008
44 Flag of Morocco Morocco $ 25,690 January 2008
45 Flag of Hungary Hungary $ 24,200 January 2008
46 Flag of Colombia Colombia $ 21,850 February 2008
47 Flag of Iraq Iraq $ 21,260 2007 est.
48 Flag of Vietnam Vietnam $ 20,000 September 2007
49 Flag of Spain Spain $ 19,999 January 2008
50 Flag of Kuwait Kuwait $ 19,630 2007 est.
51 Flag of Lebanon Lebanon $ 19,400 2007 est.
52 Flag of Kazakhstan Kazakhstan $ 19,040 February 2008
53 Flag of Slovakia Slovakia $ 18,964 January 2008
54 Flag of Austria Austria $ 18,831 January 2008
55 Flag of Bulgaria Bulgaria $ 17,367 January 2008
56 Flag of New Zealand New Zealand $ 17,236 January 2008
57 Flag of Chile Chile $ 16,910 January 2008
58 Flag of Belgium Belgium $ 16,717 January 2008
59 Flag of Serbia Serbia $ 15,864 February 2008
60 Flag of Pakistan Pakistan $ 14,063 February 2008
61 Flag of Croatia Croatia $ 13,819 January 2008
62 Flag of Macau Macau $ 13,600 January 2008
63 Flag of Angola Angola $ 12,290 2007 est.
64 Flag of Portugal Portugal $ 12,530 January 2008
65 Flag of Botswana Botswana $ 9,629 2007 est.
66 Flag of Finland Finland $ 8,602 January 2008
67 Flag of Jordan Jordan $ 8,005 January 2008
68 Flag of Yemen Yemen $ 7,871 2007 est.
69 Flag of Tunisia Tunisia $ 7,714 February 2008
70 Flag of Lithuania Lithuania $ 7,053 February 2008
71 Flag of Oman Oman $ 7,004 2007 est.
72 Flag of Trinidad and Tobago Trinidad and Tobago $ 6,761 2007 est.
73 Flag of Cyprus Cyprus $ 6,176 2007 est.
74 Flag of Syria Syria $ 6,039 2007 est.
75 Flag of Qatar Qatar $ 6,368 2007 est.
76 Flag of Latvia Latvia $ 5,903 January 2008
77 Flag of Bangladesh Bangladesh $ 5,490 January 2008
78 Flag of Bosnia and Herzegovina Bosnia and Herzegovina $ 5,151 January 2008
79 Flag of Guatemala Guatemala $ 4,559 2007 est.
80 Flag of Bolivia Bolivia $ 4,917 2007 est.
81 Flag of Uruguay Uruguay $ 4,429 January 2008
82 Flag of Uzbekistan Uzbekistan $ 5,600 2007 est.
83 Flag of Cuba Cuba $ 4,247 2007 est.
84 Flag of Azerbaijan Azerbaijan $ 4,000 2007 est.
85 Flag of Equatorial Guinea Equatorial Guinea $ 3,928 2007 est.
86 Flag of Costa Rica Costa Rica $ 3,915 2007 est.
87 Flag of Belarus Belarus $ 3,788 January 2008
88 Flag of Turkmenistan Turkmenistan $ 3,644 2007 est.
89 Flag of Ecuador Ecuador $ 3,618 2007 est.
90 Flag of Estonia Estonia $ 3,581 February 2008
91 Flag of Malta Malta $ 3,522 2007 est.
92 Flag of Bahrain Bahrain $ 3,474 2007 est.
93 Flag of Greece Greece $ 3,387 January 2008
94 Flag of Kenya Kenya $ 3,300 February 2008
95 Flag of Sri Lanka Sri Lanka $ 3,252 2007 est.
96 Flag of Honduras Honduras $ 2,892 2007 est.
97 Flag of Ghana Ghana $ 2,837 2007 est.
98 Flag of Iceland Iceland $ 2,792 February 2008
99 Flag of the Dominican Republic Dominican Republic $ 2,525 2007 est.
100 Côte d’Ivoire $ 2,500 2007 est.
101 Flag of Paraguay Paraguay $ 2,463 2007 est.
102 Flag of Tanzania Tanzania $ 2,441 2007 est.
103 Flag of Cameroon Cameroon $ 2,341 2007 est.
104 Flag of the Republic of the Congo Congo $ 2,242 2007 est.
105 Flag of El Salvador El Salvador $ 2,224 January 2008
106 Flag of Papua New Guinea Papua New Guinea $ 2,193 December 2007
107 Flag of Uganda Uganda $ 2,100 2007 est.
108 Flag of Burma Burma $ 2,000 January 2008
109 Flag of the Republic of Macedonia Republic of Macedonia $ 1,803 2007 est.
110 Flag of Mauritius Mauritius $ 1,772 2007 est.
111 Flag of Armenia Armenia $ 1,657 December 2007
112 Flag of Albania Albania $ 1,615 December 2007
113 Flag of Cambodia Cambodia $ 1,600 December 2007
114 Flag of Jamaica Jamaica $ 1,490 December 2007
115 Flag of Mozambique Mozambique $ 1,470 November 2007
116 Flag of Gabon Gabon $ 1,459 2007 est.
117 Flag of Moldova Moldova $ 1,360 February 2008
118 Flag of Senegal Senegal $ 1,350 2007 est.
119 Flag of Georgia (country) Georgia $ 1,300 2007 est.
120 Flag of Panama Panama $ 1,260 2007 est.
121 Flag of Sudan Sudan $ 1,245 2007 est.
122 Flag of Kyrgyzstan Kyrgyzstan $ 1,155 January 2008
123 Flag of Zambia Zambia $ 1,100 2007 est.
124 Flag of Slovenia Slovenia $ 1,076 January 2008
125 Flag of Nicaragua Nicaragua $ 1,075 2007 est.
126 Flag of Chad Chad $ 997 2007 est.
127 Flag of Ireland Republic of Ireland $ 930 January 2008
128 Flag of Burkina Faso Burkina Faso $ 897 2007 est.
129 Flag of Lesotho Lesotho $ 889 2007 est.
130 Flag of Ethiopia Ethiopia $ 840 2007 est.
131 Flag of Benin Benin $ 825 2007 est.
132 Flag of Namibia Namibia $ 750 2007 est.
133 Flag of Madagascar Madagascar $ 745 2007 est.
134 Flag of Barbados Barbados $ 620 2007 est
135 Flag of Laos Laos $ 514 2007 est.
136 Flag of Rwanda Rwanda $ 511 2007 est.
137 Flag of Swaziland Swaziland $ 395 2007 est.
138 Flag of Togo Togo $ 363 2007 est.
139 Flag of Cape Verde Cape Verde $ 344 2007 est.
140 Flag of Tajikistan Tajikistan $ 301 2007 est.
141 Flag of Luxembourg Luxembourg $ 294 January 2008
142 Flag of Guyana Guyana $ 292 2007 est.
143 Flag of Haiti Haiti $ 221 2007 est.
153 Flag of Vanuatu Vanuatu $ 149 December 2007
144 Flag of Malawi Malawi $ 140 2007 est.
145 Flag of Zimbabwe Zimbabwe $ 120 2007 est.
146 Flag of The Gambia Gambia $ 120 2007 est.
147 Flag of Guinea Guinea $ 119 2007 est.
148 Flag of Burundi Burundi $ 118 2007 est.
149 Seychelles $ 118 2007 est.
150 Flag of Belize Belize $ 92 2007 est.
151 Flag of Samoa Samoa $ 70 2004 est.
152 Flag of Tonga Tonga $ 55 February 2008
154 Flag of São Tomé and Príncipe São Tomé and Príncipe $ 36 December 2007
155 Flag of Eritrea Eritrea $ 22 2007 est.
kKEETON @ Windows to Russia…

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