Middle Eastern and North Africa Compared by Economy > Reserves of foreign exchange and gold
DEFINITION:
This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the period specified. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
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Interesting observations about Economy > Reserves of foreign exchange and gold
- Saudi Arabia ranked first for reserves of foreign exchange and gold amongst Hot countries in 2012.
- China ranked first for reserves of foreign exchange and gold globally in 2012.
- Russia ranked first for reserves of foreign exchange and gold amongst Europe in 2012.
- Switzerland ranked first for reserves of foreign exchange and gold amongst Christian countries in 2012.
- India ranked first for reserves of foreign exchange and gold amongst Former British colonies in 2012.
- Germany ranked first for reserves of foreign exchange and gold amongst European Union in 2012.
- Japan ranked first for reserves of foreign exchange and gold amongst Heavily indebted countries in 2012.
- Brazil ranked first for reserves of foreign exchange and gold amongst Catholic countries in 2012.
- South Africa ranked first for reserves of foreign exchange and gold amongst Sub-Saharan Africa in 2012.
- Mexico ranked first for reserves of foreign exchange and gold amongst Former Spanish colonies in 2012.
- Algeria ranked second for reserves of foreign exchange and gold amongst Muslim countries in 2012.
