Azerbaijan, Baku, Jan. 20 / Trend, A.Yusifzade /
In the report on the foreign exchange reserves of the world 133 countries, the United States Central Intelligence Agency has placed Turkey at the 17th and the Islamic Republic of Iran at the 18th positions of its list.
This entry gives the dollar value for the stock of all financial assets that are available to the central monetary authority for use in meeting a country's balance of payments needs as of the end-date of the specified period. This category includes not only foreign currency and gold, but also a country's holdings of Special Drawing Rights in the International Monetary Fund, and its reserve position in the Fund.
According to the report, Turkey's FX reserves in 2010 reached $78 billion and Turkey ranked 17th in this regard.
Iran's FX reserves in 2010 reached $75.06 billion and Iran ranked 18th in this regard.
The reserves have decreased by $6 billion compared to 2009. Although, Iranian officials have announced that the country's FX reserves stand above $100 billion.
China with $2,622 trillion of FX reserves ranked first, Russia with 483.1 billion ranked second, and Saudi Arabia with $456.2 billion ranked third in this regard.
Other countries included in the list are as follows: Taiwan ($382 billion), Brazil ($290 billion), India ($284 billion), South Korea ($274 billion), Hong Kong ($262 billion), Singapore ($212 billion), Thailand ($176 billion), Algeria ($150 billion), Mexico ($116 billion), Libya ($107 billion), Malaysia ($104 billion), Poland (99 billion), Indonesia ($83 billion), Turkey ($78 billion), Iran ($75.06 billion).