India as 4th largest forex reserves holder
According to the Data of RBI, the Indian foreign exchange reserves have crossed the $600 billion mark for the first time. On 4th June 2021, The Forex reserve of India went up USD 6.842 billion to USD 605.008 billion.
Top 10: List of countries by foreign-exchange reserves
Rank | Country | Foreign Currency Reserves (in billions of U.S. dollars) |
1st | China | $3,399.9 |
2nd | Japan | $1,387.4 |
3rd | Switzerland | $850.8 |
4th | Russia | $562.3 |
5th | Saudi Arabia | $501.8 |
6th | Taiwan | $479.1* |
7th | Hong Kong | $475.6 |
8th | India | $473.3 |
9th | South Korea | $409.7 |
10th | Brazil | $359.4 |
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