Geopolitics

What are foreign currency reserves and can they help combat the global economic crisis?

Foreign currency reserves: Money in notes from around the world.

Foreign currency reserves: Money in notes from around the world. Image: Unsplash/John McArthur

Stefan Ellerbeck
Senior Writer, Forum Agenda
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Sri Lanka’s foreign currency reserves have fallen by 99% since 2019, amid an economic crisis that has seen the country’s president overthrown.
Sri Lanka’s foreign currency reserves have fallen by 99% since 2019, amid an economic crisis that has seen the country’s president overthrown. Image: AP.

The countries with the largest foreign currency reserves in 2020.
The countries with the largest foreign currency reserves in 2020. Image: Statista

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GeopoliticsFinancial and Monetary Systems
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