Foreign Exchange Reserves

Asia Ranking

billion currency unitsSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Cambodia	75420.4	4-2023	1	73304.2
2	India	48983.36	9-2023	2	49535.52
3	Taiwan	17728.08	6-2023	3	17394.12
4	Kazakhstan	15127.74	9-2023	4	15590.28
5	Thailand	7736.51	9-2023	5	7769.34
6	China	3308.47	9-2023	6	3384.85
7 ↑	Sri Lanka	1622.15	7-2023	8	1304.76
8 ↓	Nepal	1407.01	5-2023	7	1338.18
9	Japan	1237.25	9-2023	9	1247.18
10	Russia	569.02	9-2023	10	582.42
11	Singapore	460.5	9-2023	11	448.25
12 ↑	Hong Kong	415.7	9-2023	13	417.3
13 ↓	South Korea	414.1	9-2023	12	421.5
14	Macao	220.14	9-2023	14	215.71
15	Indonesia	134.86	9-2023	15	137.54
16 ↑	Malaysia	110.1	9-2023	17	111.4
17 ↓	Bhutan	102.91	6-2023	16	118.33
18	Philippines	98.69	9-2023	18	99.77
19	Tajikistan	34.29	8-2023	19	35.4
20	Uzbekistan	31.04	9-2023	20	32.69
21	Bangladesh	29.73	7-2023	21	30.97
22	Pakistan	13.03	9-2023	22	9.75
23	Azerbaijan	9.24	7-2023	23	9.19
24	Brunei	5.1	6-2023	24	5.41
25	Mongolia	4.12	9-2023	25	3.81
26	Kyrgyzstan	2.63	9-2023	26	2.44
27	Laos	1.53	6-2023	27	1.12
28	Maldives	0.59	9-2023	28	0.59

Definition of Foreign Exchange Reserves

Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.