Saudi Arabia’s foreign exchange reserves rank third in G20 countries
The Economic News reported on June 26 that as of April this year, Saudi Arabia’s foreign exchange reserves were 505.1 billion US dollars, accounting for 6.2% of the world's total foreign exchange reserves, second only to China (310 billion) and Japan (130 billion), ranking third in the G20. Followed by Russia (495.2 billion), India (422.20 billion), South Korea (420 billion), Brazil (386.20 billion), Germany (204.7 billion), Mexico (184.7 billion), France (181.7 billion) and so on. Saudi foreign exchange income channels include gold, IMF special drawing rights, foreign exchange and overseas deposits, and overseas securities investment.
