Top 10 Countries With Highest Foreign Exchange Reserves Including Gold: Where do India, China, US stand? Check list

Foreign exchange reserves by country: Did you know that China had over five times India’s forex reserves at the end of the March quarter 2024? Foreign exchange reserves or forex reserves as they are often referred to are foreign currency assets maintained by a country’s central bank. They are important to make international payments and also hedge against exchange rate risks. Most countries hold foreign exchange reserves in US dollars and gold as well. So which are the top 10 countries with highest total foreign exchange reserves, including gold? Where do China, America, India and Russia stand? We take a look: (AI image)

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Toi Business Desk