The 10 largest Arab and international countries that possess foreign exchange reserves… This is Lebanon’s rank

These reserves are used to support obligations and influence monetary policy, and most of them are kept in US dollars, according to the “Investopedia” platform.

Foreign exchange reserves consist of cash and other assets held by central banks and other financial institutions such as the International Monetary Fund, according to the World Economic Forum, citing City Index, a financial services institution.

China is the largest country with foreign exchange reserves in the world, with a balance of $3.73 trillion, according to the “Statista” platform.

The following is a list of the top 10 countries that possess foreign exchange reserves, denominated in US dollars, during the year 2024, according to what was reported by the “Statista” and “Trading Economics” platforms, in addition to the central banks in these countries.

1- China

Reserves: $3.7 trillion

2- Japan

Reserves: $1.24 trillion

3- Spain:

Reserves: $1.07 trillion

4- Switzerland

Reserves: $801 billion

5- India

Reserves: $640 billion

6- Russia

Reserves: $616.5 billion

7- Taiwan

Reserves: $576.7 billion

8- Saudi Arabia

Reserves: $449 billion

9- Hong Kong

Reserves: $425.1 billion

10- South Korea

Reserves: $415.6 billion

Below is a list of the 10 largest Arab countries possessing foreign exchange reserves in 2024, based on central banks, the “Trading Economics” platform, and others.

1- Saudi Arabia

Reserves: $499 billion

2- UAE

Reserves: $210 billion

3- Iraq

Reserves: $106.7 billion.

4- Algeria

Reserves: $72 billion

5- Qatar

Reserves: $69 billion

6- Egypt

Reserves: $47.1 billion

7- Kuwait

Reserves: $41 billion

8- Morocco

Reserves: $32.8 billion

9- Jordan

Reserves: $21 billion

10- Lebanon

Reserves: $10.3 billion