Russia jumps to sixth place in terms of forex holdings – World Gold Council ...News

Economy by : (Russia Today) -
The country has overtaken Saudi Arabia with over $442 billion in foreign currency reserves, data shows Russia has risen to sixth place in the world in terms of foreign currency reserves, according to the latest calculations by the World Gold Council. The country had accumulated $442.5 billion in forex holdings as of the end of 2023, overtaking Saudi Arabia, whose holdings have dropped to their lowest level since 2009 at $439 billion. The top five in the ranking are China ($3.3 trillion), Japan ($1.2 trillion), Switzerland ($755.9 billion), India ($574.8 billion), and Taiwan ($564 billion). In terms of total intern

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