Photos of recent events: 5 countries with largest forex reserves
The economic stability of any country greatly depends on its foreign exchange reserves. Scarce reserves can severely undermine a country's ability to pay for essential imports and service external debt, while large reserves, on the contrary, enable a country to support its national currency, conduct effective monetary policy, and provide protection against financial upheavals and external economic shocks. Let's find out which countries are the leaders in forex reserves in 2024.