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Top Ten States with Biggest Foreign Exchange Reserves in the World

This video would focus on "Top 10 Countries with the Biggest Foreign Exchange Reserves". Surprisingly, the US, UK, Brazil, France, and Germany are not part of the list. So who are the Top-10 Countries with the Biggest Foreign Exchange Reserves? Watch the video and know about leading states with huge Foreign Exchange Reserves in the World. Foreign exchange reserves are assets denominated in a foreign currency that is held by a nation's government or central bank. These may include foreign currencies, bonds, treasury bills, and other government securities. Why Do States Hold Forex Reserves? Countries hold Forex reserves for several reasons 1. Balancing international trade 2. Intervening in the currency markets to stabilize the domestic currency, as liquidity in times of crisis and providing confidence for foreign and domestic investors. #forex #india #china