China ranked first globally in total foreign exchange reserves with about 3.23 trillion dollars representing 27% of total global foreign exchange reserves, followed by Japan in second place with about 1.25 trillion dollars representing 10.4% of total global reserves, then Saudi Arabia with about 616 billion dollars representing 5.2% of total global reserves, then Switzerland with about 605 billion dollars representing 5.1% of the global total, then Taiwan with about 426 billion dollars representing 3.6% of the global total, then Russia with about 372 billion dollars representing about 3.1%, Korea came in seventh place with about 367 billion dollars representing 3.1% of the total, then Brazil with about 358 dollars representing 3% of the total, then Hong Kong with about 357 billion representing 3% of the total, and India ranked tenth with 352
Hong Kong with about 357 billion representing 3% of the total, and India ranked tenth with about 352
Total global foreign exchange reserves amounted to about 11 trillion and 974 billion dollars at the end of 2015, with the top ten countries in cash reserves accounting for 66.2% of total global reserves.
Arabia's top ten countries in cash reserves accounted for 3% of the total. <In the Arab world, Algeria ranked second after the Kingdom in total cash reserves with about 153 billion dollars at the end of 2015 (18th globally), followed by the United Arab Emirates with about 93 billion dollars (26th globally), then Kuwait with about 20. 7 billion dollars (36th globally).7 billion dollars (ranked 36th globally), Qatar with about 38 billion dollars (ranked 43rd globally), Morocco with about 23 billion dollars (ranked 50th globally), Oman, Jordan, Egypt with about 18, 17.8 and 16.5 billion dollars (respectively ranked 58th, 58th and 59th globally), Yemen with about 5.3 billion dollars (ranked 72nd globally), and Bahrain ranked 75th globally with about 4.4 billion dollars.
The total foreign exchange reserves of the GCC countries amounted to about 791 billion dollars at the end of 2015. They represent 6.6% of the total global reserves. While the total foreign exchange reserves of Arab countries exceeded one trillion and seven billion dollars at the end of 2015, representing 8.4% of total global reserves.
Total foreign exchange reserves of Arab countries exceeded one trillion and seven billion dollars at the end of 2015, representing 8.4% of total global reserves.
