Latest foreign exchange reserves - Jan 08
UNITED STATES - $71.6 billion
UNITED KINGDOM - $99.1 billion
FRANCE - $115.7 billion
GERMANY - $147.3 billion
HONG KONG - $159.9 billion
BRAZIL - $189.4 billion
SOUTH KOREA - $261.9 billion
TAIWAN - $272.8 billion
INDIA - $290.8 billion
RUSSIA - $481.3 billion
EUROZONE - $511.3 billion
JAPAN - $996 billion
CHINA - $1.53 TRILLION DOLLARS
At the end of 2007, 63.77% of the identified official foreign exchange reserves in the world were held in United States dollars and 26.4% in euros.
Just how long before those countries holding our dollars start moving their reserves into euros or yen?
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