Which of the following has the greatest amount of foreign-exchange reserves in the world?
A)China
B)Ireland
C)Russia
D)Taiwan

Question

Quizplus · Accepted Answer

As of 2021, China has the largest foreign-exchange reserves in the world, with a total of over $3 trillion USD. This is due in part to China's large trade surplus and its policy of accumulating foreign exchange reserves as a way to stabilize its currency and protect against external shocks. Ireland, Russia, and Taiwan also hold significant foreign-exchange reserves, but not at the same level as China.

Which of the Following Has the Greatest Amount of Foreign-Exchange