East Asian governments as a group accumulated more than half of global reserve holdings by then end of 2009.The country with the largest stock of foreign exchange reserves was

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China had the largest stock of foreign exchange reserves by the end of 2009, with $2.4 trillion. Japan, Indonesia, and South Korea all had reserves of $1.4 trillion or lower, making them unlikely choices for the largest stock of reserves. As of 2021, China still holds the largest stock of foreign exchange reserves, with an estimated $3.2 trillion.

East Asian Governments as a Group Accumulated More Than Half