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Home > World Political And Economic Geography > Question

The world's largest foreign exchange reserves, almost $ 2 trillion is of: (2009 Context)

0
A) Germany
B) USA
C) China
D) Russia

Correct Answer: C) China

• Holding absolute, incredible economic dominance, the world's largest foreign exchange reserves belong to China. • Today, China's incredibly massive forex reserves have grown heavily well beyond the 3 Trillion dollar mark. • The incredibly dynamic, heavily populated capital city of China is formally known as Beijing. • It strictly uses the Renminbi (Yuan) as its official, globally expanding circulating currency.

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