Talk:List of countries by foreign-exchange reserves/Archive 1

Untitled 1
ASEAN SHOULDN´T BE INCLUDED It doesn´t make sense to include ASEAN as they don´t share a common currency and Central Bank with shared common reserves as it is the case of the €urozone (which is just part of the EU)

If ASEAN is included, then also the European Union (EU), Mercosur and the Eurasian Economic Union (EEU) should be also included...but it doesn´t make sense since they don´t have neither a common Central Bank, nor a common currency, nor common reserves. — Preceding unsigned comment added by 83.165.178.34 (talk) 13:16, 29 March 2016 (UTC)

Untitled 2
According to the State Administration of Foreign Exchange here, China's forex reserve is 941.115, which would make them number 1 in the world. I realize that the whole table is based on 2005 est, but I think we should update it. --Big Wang 22:27, 15 October 2006 (UTC)

Updated the article with data from the Americas
Please when possible update the article

American countries are on this link:

http://es.wikipedia.org/wiki/Anexo:Pa%C3%ADses_por_reservas_internacionales_en_d%C3%B3lares_estadounidenses

here are the reserves of the countries in the Americas besides de US and Canada. With links that make them legitimate. —Preceding unsigned comment added by 72.219.236.195 (talk) 00:57, 27 April 2011 (UTC)

Updated the article
I updated most of the upper echelon countries' data till year 2007. Most of them are extracted from IMF source provided in the end. However many countries were missing from IMF's table, so I got the figures from the respective central banks, the links for which are provided. I think now the article is missing is data for some Middle Eastern countries like Iran, Lebanon, Iraq, and GCC nations. Razzsic 23:35, 27 April 2007 (UTC) --

Madam or Sir...Alas, I am incompetent to do it, however, today I happened to need Foreign Reserves data as a "useful" indicator, so for example I would have loved a chart that showed (for example) Foreign Reserves (FR) per Capita, &/or FR Per Unit of GDP, & (not or!) FR per unit of PPP. PPP is not useful by itself for anything, methinks.

Again, I feel a bit pushy mentioning this since I simply would not be able to do it. Are there "Wiki-Agreed upon" lists of the data to correlate (eg. Population, GDP & PPP) that could be pulled to do the comparison as an attempt to minimise any "scandal"? Is there perhaps a way to keep it live constantly referencing a certain wiki table in the Population, GDP & PPP entries? Language?.

Hmm. thanks for sharing! GrinchPeru (talk) 19:37, 5 August 2009 (UTC)

Updated all tables to class "sortable". Also refreshed IMF data to Feb/Mar/April 2010 for IMF-listed countries except for alternative-sourced country data. Xbopper (talk) 03:07, 28 April 2010 (UTC)

Links for central bank
Razzsic but there is no need for providing links for central bank sites for some of the countries for which reserves's are recently updated. reserves for those countries can be obtained from their respective central banks or their monetary authority. here is the link from Bis which could be added for the source for all central bank websites. . praddy06 04:39, 28 April 2007 (UTC)

Obviously Foriegn Exchange REserves mean nonthing as far as US is concerned we can print as many dollars as we want. This figure is only relevant to countries other than the US

trueblood 04:14, 5 May 2007 (UTC)

tsk tsk..not so neutral here in discussion land! GrinchPeru (talk) 19:28, 5 August 2009 (UTC)

Accuracy
Technically, this list is completely wrong and misleading. What i mean is...official reserves (including gold and others) and forex reserves are mixed up here in this table. Someone should fix that and make three lists, one for forex reserves only, and the other for official reserves (which includes gold, SDR's, etc, and one for official reserves plus stabilization funds, which only the last accurately reflects a country's ability to repay short term debt. For example MOF japan (http://www.mof.go.jp/english/e1c006.htm) plainly states that Japan has 908,958 (in mln dollars) of reserves assets or official reserves, and of which 887,983 are foreign exchange reserves, 1,512 are IMF reserves, 2,835 are SDR's, and 16,281 are gold, and 347 other. The table lists 908,958 which is technically incorrect, and I can bet all the other entries besides Japan have the same problems.71.102.226.198  05:13, 10 May 2007

- Fixed this...by saying in popular usage official reserves are "foreign exchange reserves", but explaining technical sense as well.71.117.75.137 02:26, 7 June 2007

The term foreign exchange reserves is technically correct.... data provided are highly accurate. Some Monetary Authority's report only their foreign exchange reserves data they dont provide their SDR's or IMF reserve position or their gold reserves. only countries reporting to IMF have all these details. creating seperate tables for foriegn currency reserves, gold, SDR's, IMF reserve position doesnt make any sense, providing seperate data for each Monetary Authority is nearly impossible. remember these four are collectively called as foreign exchange reserves.. and not foreign currency reserves..!

and as you have mentioned above 887,893 are not foreign exchange reserves..see the link you have provided properly..MOF japan (http://www.mof.go.jp/english/e1c006.htm) 887,893 is foreign currency reserves, 1,512 are IMF reserves, 2,835 are SDR's, and 16,281 are gold, and 347 other...totally 908,958 is called as foreign exchange reserves. which is technically correct...first understand the difference between foreign exchange reserves and foreign currency reserves...this is a list showing foreign exchange reserves and not foreign currency reserves praddy06 05:15, 8 June 2007

China
Since this is a list of states or countries as in the title, Hong Kong and Macau are inarguably part of the PRC, so the sum gets a number. If only the People's Bank of China reserves are shown, (which is what get published worldwide in press reports), it'd be making an incomplete figure only for China, which goes against the name of this list. If its a list of economies, or monetary authorities, then we can use the figure for PBOC only. To reconcile this discrepancy, both situations are listed and explained, but the incomplete PBOC figure not numbered.71.117.75.137 02:26, 7 June 2007
 * Hong Kong is reported as a separate number because it's monetary policy is tied with the Federal Bank of US, since the Hong Kong Dollar is pegged to the US Dollar. The Hong Kong Monetary Authority is entirely separate from the PBOB. — Preceding unsigned comment added by 72.81.233.159 (talk) 05:33, 3 May 2011 (UTC)

Whats with USA?
Doesnt the US have any foreign exchange reserves? --134.155.99.42 02:06, 27 October 2007 (UTC)

Hong Kong/Macau
The figure for China includes HK/MAC as part of its reserve. This is correct in a political sense where the 2 SARS are part of China. However, from an economic/monetary policies point of view, HK/MAC are separate from China and the funds held by the 2 SARs are not accessible nor controllable by the mainland Chinese Govt'. --Cahk (talk) 01:23, 11 February 2008 (UTC)

Americas
Hello Guys; Since the system is not allowing me to update the original site, I will upload here the new number, then you guys can upload that to the original sites, I am attaching the links where the information comes from, thanks.

Mexico (Feb 2011) = US$121.754M ( http://www.americaeconomia.com/economia-mercados/finanzas/mexico-reservas-internacionales-suben-us121754m-al-25-e-febrero ) Peru (Feb 2011) = US$45,465M ( http://www.andina.com.pe/Espanol/Noticia.aspx?id=ipgDhqgCyYU= ) —Preceding unsigned comment added by 72.219.236.195 (talk) 13:59, 2 March 2011 (UTC)

ECB and EU
Its okay for the ECB to be on the list, but not for the total sum of the forex reserves of each european country. I am invariant under co-ordinate transformations (talk) 17:10, 2 June 2008 (UTC)
 * it has no any place in the list, it's just given for comparison purposes. Elk Salmon (talk) 10:47, 4 July 2008 (UTC) You are wrong, because foreign reserves of all member states of the Eurozone are part of the EUROSYSTEM, and that is why reserves from European countries like the U.K., Denmark, Poland, Sweden, Norway etc., which are not part of EUROSYSTEM, are not included.--79.154.37.80 (talk) 00:59, 28 December 2010 (UTC)If we include ALL members of the European Union (E.U.), the total E.U. foreign reserves would be almost $1.2 Trillion.--79.154.37.80 (talk) 01:02, 28 December 2010 (UTC)

New Discussion
A discussion has been started at Wikipedia talk:WikiProject Countries/Lists of countries which could affect the inclusion criteria and title of this and other lists of countries. Editors are invited to participate. Pfainuk talk 11:24, 17 December 2008 (UTC)

Clarification needed
It is not clear what is being referred to with foreign exchange reserves. Does it refer to official reserve assets (also called gross international reserves) or foreign currency reserves? The two are different. Lambanog (talk) 10:54, 28 March 2010 (UTC)


 * I actually agree with this, since if you actually go through and check the amounts with the sources, you'll realize that some countries pick and choose from one of the two numbers, even if they are from the same source (i.e. the list is not standardized). -Multivariable (talk) 17:51, 11 June 2010 (UTC)

Comparing Foreign Exchange Reserves and External Debt
According to Wiki, the World Foreign Exchange Reserves is around $9 Trillion. But the Total External Debt is around $57 Trillion. (see "List of countries by external debt"). I was hoping they would balance. What I am most interested in is the amount a country OWES minus the amount a country is OWED. Is there any way to back that out? — Preceding unsigned comment added by 38.98.186.242 (talk) 15:26, 11 June 2010 (UTC)

Till the end of 2009 Algeria forex was $147.5 billion
Algeria is not in the list of the countries by foreign exchange i dont know why, but for sure Algeria is ranked 12th in the world with an asset of $147.5 billion. —Preceding unsigned comment added by 82.44.204.194 (talk) 00:38, 21 August 2010 (UTC)

Why isn't Libya in the list?
On August 2010, Libya's foreign exchange reserves were about $140bn --M.efimov (talk) 08:33, 23 September 2010 (UTC)

Removal of map
I propose to remove the "Map of countries by foreign currency reserves and gold minus external debt based on 2009 data from CIA Factbook" since it is inaccurate. Eg take the case of Iran, according to CIA 2009, Iran has a currency reserve of over 80 billion dollars, and its external debt stands at 20 billion dollars but it is painted the same color as Pakistan which has over 60 billion dollars of external debt with only 17 billion dollars of foreign currency reserves and just one billion dollar of gold.--116.71.216.65 (talk) 10:40, 23 October 2010 (UTC)

Nonsense opening sentense
Consider the phrase: Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign exchange reserves into sovereign wealth funds, which can rival foreign exchange reserves in size.

Does that make any sense to anyone? I can definitely state that forex reserves normally exclude SWF money, not least because entitities like ADIA disclose very little about their holdings of forex. I believe this should read:

Foreign exchange reserves (also called Forex reserves) in a strict sense include only the foreign exchange reserves of the Central Banks and generally exclude reserves in Quasi-government entities such as sovereign wealth funds, which often rival or exceed foreign exchange reserves in size.

Note - my experience is mostly on the Middle East where this is certainly the case. If someone has the time to check, then Norway and Singapore should be independently verified. —Preceding unsigned comment added by 91.74.158.226 (talk) 16:06, 1 November 2010 (UTC)

Forward swap agreements
The list of FX swap lines omits £, the ECB having the right to borrow that from the BoE. See the BoE’s press notices of 17 Dec 2010 and of 25 Aug 2011.

Should this be mentioned near the $ / ¥ / CNY swap facilties? JDAWiseman (talk) 14:40, 15 November 2011 (UTC)

WSJ resource
China's Forex Reserves Decline 14.January.2012 by Lingling Wei; excerpt ... See Capital (economics) 99.19.45.64 (talk) 03:39, 14 January 2012 (UTC)

ASEAN is not like the €urozone but like the E.U. It is an error to include ASEAN because there are not common reserves and a common currency. ASEAN is similar to the E.U. (European Union), but NOT like the €urozone. While the €urozone shares a common Central Bank, and common currency reserves thanks to the €urosystem, neither the E.U. nor ASEAN, Mercosur or NAFTA have common reserves....So. it is a mistake including ASEAN.--88.17.176.48 (talk) 13:40, 21 December 2012 (UTC)

Dubious
What's so 'unique'? All territories are basically separated from their sovereign powers unless they don't have their own currency. Say, Jersey's and Bermuda's reserves aren't counted within UK's figure. 119.237.249.221 (talk) 10:00, 30 September 2013 (UTC)

Missing Countries
There are a number of countries missing from the page. I've started a list here - if anyone adds them, please remove from the list. I suggest starting at the top, it will mean less duplication with the renumbering. All data can be found on the CIA list at https://www.cia.gov/library/publications/the-world-factbook/rankorder/2188rank.html unless noted here Greenman (talk) 15:33, 2 August 2014 (UTC)
 * Turkmenistan
 * Oman
 * Uzbekistan
 * Burma
 * Tunisia
 * Ghana
 * Afghanistan
 * Bahrain
 * Yemen
 * Congo
 * Bosnia
 * Cuba
 * Tanzania
 * Cote d'Ivoire
 * Eq. Guinea
 * Uganda
 * Ethiopia
 * Cameroon
 * Mozambique
 * Papua New Guinea
 * Zambia
 * TBC
 * These have all now been added, there are still others from further down on the list Greenman (talk) 19:35, 6 August 2014 (UTC)
 * The list is now complete up to DRC. Greenman (talk) 12:01, 17 November 2014 (UTC)
 * The list is now complete as per the 2013 CIA list. Greenman (talk) 17:46, 7 December 2014 (UTC)

Ratio of reserves to GDP?
Can someone add a column for the ratio of reserve to GDP? It is important to compare in relative rather than absolute terms. Szqecs (talk) 13:53, 21 November 2015 (UTC)

does China's reserves (3,051,600,000) include Hong Kong (383,145,000) and Macao's (19,330,000) reserves here? — Preceding unsigned comment added by 94.100.229.122 (talk) 21:09, 31 January 2017 (UTC)

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Make this page semi protected.
— Preceding unsigned comment added by Gagan Kaushal (talk • contribs) 14:12, 6 June 2020 (UTC)
 * Requests are made at WP:RFPP, but this page hasn't seen much recent vandalism so it's very unlikely that it'll be protected. – Thjarkur (talk) 14:21, 6 June 2020 (UTC)

Pakistan reserves
What figures must be reported for Pakistan? The data release by State Bank of Pakistan provides "Net reserves with SBP", "Net reserves with Banks" and "Total liquid FX reserves". There has been edits changing the reported value on this list from the first value to the last one and vice-versa. The article Economy of Pakistan talks about foreign reserves as the value reported under "Total liquid FX reserves". Please have a consistency. Srihari Thalla (talk) 20:31, 8 February 2021 (UTC)

Bot proposal to automatically update the figures
The reserve figures change every week, month, quarter or other depending on the release frequency of the country. I propose a bot to be run regularly to parse the websites and update the article. I have an experience with semi-automated editing and parsing websites. I could theoretically write the script. More about bots here - WP:BOTS. What are your thoughts? Ping @VinayDua2011 -- DaxServer (talk) 14:04, 9 April 2021 (UTC)
 * Good idea. Try it. :) 1.39.200.107 (talk) 11:39, 24 July 2021 (UTC)