These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies e.g. the U.S. dollar, the Euro, the Japanese yen and the Pound sterling and which are used to back its liabilities e.g. the local currency issued and the various bank .This is a list of the top 30 countries of the world sorted by their foreign-exchange reserves excluding gold reserves. The table includes the latest available data, .
Foreign-exchange reserves also called Forex reserves are, in a strict sense, only the foreign-currency deposits held by national central banks and monetary .Total reserves comprise holdings of monetary gold, special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under .Reserves of foreign exchange and gold compares the dollar value for the stock of all financial assets that are available to the central monetary authority for use .Reserves of Foreign Exchange and Gold allow a nation to repay its foreign obligations debt while also continue to strengthen their domestic currency..
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