Comments on: Foreign Currency Reserves http://www.economicshelp.org/blog/currency/foreign-currency-reserves/ Economics Blog - current events and economics essays Mon, 22 Mar 2010 07:29:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: L.C. http://www.economicshelp.org/blog/currency/foreign-currency-reserves/comment-page-1/#comment-5108 L.C. Wed, 09 Dec 2009 19:06:27 +0000 http://www.economicshelp.org/blog/?p=853#comment-5108 Maybe I'm wrong but, could you check the figure about Japan's foreign currency reserves?: "...For example, Japan has just under $1,000 trillion dollars of foreign currency reserves, mostly in the form of dollars, Euros and Gold..." I think $1,000 trillion is too much. Check this: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2188rank.html http://www.jimloy.com/math/billion.htm Maybe I’m wrong but, could you check the figure about Japan’s foreign currency reserves?:

“…For example, Japan has just under $1,000 trillion dollars of foreign currency reserves, mostly in the form of dollars, Euros and Gold…”

I think $1,000 trillion is too much. Check this:

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2188rank.html

http://www.jimloy.com/math/billion.htm

]]> By: Greg http://www.economicshelp.org/blog/currency/foreign-currency-reserves/comment-page-1/#comment-3133 Greg Tue, 07 Apr 2009 03:10:38 +0000 http://www.economicshelp.org/blog/?p=853#comment-3133 I don t think the Euro will every be the reserve currency, there is just too much inter conflict there fiscally, religiously, and just about every other way. I don t think the Euro will every be the reserve currency, there is just too much inter conflict there fiscally, religiously, and just about every other way.

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