Total RESERVES OF FUNDS by country | World Bank Data
Dec 25, 2024
Total reserves that include gold are made up of the following:
Monetary gold holdings,
Special drawing rights,
IMF members' reserves held by the IMF, and
Foreign exchange holdings under the control of monetary authorities.
Gold is kept as a reserve because it can act as a hedge against inflation. When currencies lose purchasing power, gold can retain or increase in value.
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