India’s Foreign Exchange Reserves overtakes Russia and becomes 4th biggest in the world
The foreign-exchange reserves of India have overtaken Russia and have become the 4th foreign-exchange reserves of the World.
- As per the data by the Reserve Bank of India (RBI), The foreign currency holdings of India is now at $580.3 billion on the day of 5th March 2021. on the other hand, The reserve of Russia was $580.1 billion.
Top Foreign Exchange Reserves Country
| Ranking | Country | Foreign exchange reserves (millions of US$) |
|---|---|---|
| 1st | China | 3,336,018 |
| 2nd | Japan | 1,379,412 |
| 3rd | Switzerland | 1,080,384 |
| 4th | India | 580,299 |
| 5th | Russia | 580,100 |
| 6th | Taiwan | 543,330 |
| 7th | Hong Kong | 495,900 |
| 8th | Saudi Arabia | 450,044 |
| 9th | South Korea | 447,600 |
| 10th | Singapore | 382,632 |