Outlook Money
Foreign exchange reserves are assets held by central banks in foreign currencies. The ranking of countries with the largest forex reserves in 2026 is based on data compiled by Visual Capitalist using the IMF, IFRC, and other global financial reports.
Singapore holds foreign exchange reserves of $419 billion in 2026, ranking 10th globally, used for currency stability and trade operations.
South Korea holds foreign exchange reserves of $423 Billion in 2026, ranking 9th globally, used for exchange rate stability and export-related fluctuations.
Russia holds foreign exchange reserves of $434 Billion in 2026, ranking 8th globally, used for external payment stability and financial resilience.
Hong Kong holds foreign exchange reserves of $442 Billion in 2026, ranking 7th globally, used for currency peg support and financial market stability.
Saudi Arabia holds foreign exchange reserves of $459 Billion in 2026, ranking 6th globally, used for currency stability and oil revenue management.
India holds foreign exchange reserves of $543 Billion in 2026, ranking 5th globally, used for rupee stability and import and trade requirements.
Taiwan holds foreign exchange reserves of $602 Billion in 2026, ranking 4th globally, used for currency stability and export-driven activity.
Switzerland holds foreign exchange reserves of $932 Billion in 2026, ranking 3rd globally, used for currency strength management and financial stability.
Japan holds foreign exchange reserves of $1.26 Trillion in 2026, ranking 2nd globally, used for currency intervention and external stability.
China holds foreign exchange reserves of $3.41 Trillion in 2026, ranking 1st globally, used for currency management and trade stability.