"Maybe their foreign-exchange reserves are even lower than my computer model suggests."

Taiwan, for example, is growing increasingly embarrassed by its official foreign-exchange reserves.

The foreign debt stands near $4 billion; foreign-exchange reserves cover less than one month of imports.

In a strict sense, foreign-exchange reserves should only include foreign currency deposits and bonds.

It is also backed by $144 billion in foreign-exchange reserves, making the risk of an external debt crisis minimal.

And there is renewed concern over the relatively low level of South Africa's foreign-exchange reserves.

The trade surplus last year reached a record $43.6 billion, while foreign-exchange reserves are still at a robust $145 billion.

The Bank of Israel holds $78 billion of foreign-exchange reserves.

Strong export earnings and a large increase in foreign-exchange reserves were the most noticeable results of this economic expansion.

At current rates of depletion, we estimate Iraq will have nearly depleted its available foreign-exchange reserves by next spring.

Hong Kong has huge foreign-exchange reserves, solid banks and the most stable currency in the region.

Egypt's hard-currency debt was now approaching $1.5 billion and its foreign-exchange reserves were down to $100 million.

Indeed, the amassing of some $125 billion in foreign-exchange reserves has been central to China's success at pursuing export-led growth.

Reserve Tranche Position is accounted among a country's foreign-exchange reserves.

Exports have soared, and so China's foreign-exchange reserves are rising, improving the nation's ability to repay its foreign debt.

Japan's central bank has the second largest foreign-exchange reserves after People's Republic of China.

The Argentine peso is freely convertible with the dollar, and the central bank has $23.7 billion in foreign-exchange reserves.

List of countries by foreign-exchange reserves (excluding gold)

We expect Baghdad's foreign-exchange reserves to become extremely tight, leaving it little cash left with which to entice potential sanctions-busters.

The political deadlock not only keeps the country in turmoil but discourages foreign investment, which dried up the treasury's foreign-exchange reserves.

Currency trading has grown by 50 percent in three years, to an estimated $1 trillion daily, about as much as central banks' foreign-exchange reserves.

Although foreign-exchange reserves can earn interest, expanding them is potentially inflationary and exposes a country to increased currency risks.

Its foreign-exchange reserves are rising.

LEAD: Taiwain's foreign-exchange reserves have hit a new high of $50 billion.

So far this month, economists estimate that some $8.5 billion of the country's $70 billion in foreign-exchange reserves have been sold to prop up the real.

The nation has foreign exchange reserves of more than $75 billion.

India's foreign exchange reserves are at a record high of more than $100 billion.

Foreign exchange reserves have doubled in the last 15 months.

And this is precisely where foreign exchange reserves play a major part.

The Government reported that last year nearly 400,000 workers contributed more than $680 million to the country's foreign exchange reserves.

The foreign exchange reserves of China go up every month, and therefore there is a need for investment.

A less developed country will pay for imports with its foreign exchange reserves.

It does not need the money; the country's foreign exchange reserves total about $159 billion, the second largest in the world behind those of Japan.

It has foreign exchange reserves of $5 billion, enough to cover almost one year's imports.

The government began to force the value of the dollar down by using its foreign exchange reserves in December i 96o.

Foreign exchange reserves in east asia: why the high demand?

It can do this by using some of its foreign exchange reserves to buy local currency.

He also played a part in managing China's vast foreign exchange reserves.

China's foreign exchange reserves do not provide a comfortable cushion.

Hold and manage the official foreign exchange reserves of Afghanistan.

Its official foreign exchange reserves total $73 billion, a level exceeded only by Japan.

Foreign exchange reserves are at a record $90 billion.

Marion Williams: foreign exchange reserves - how much is enough?

Are changes in foreign exchange reserves well correlated with official intervention?

They can use their often substantial foreign exchange reserves to stabilize the market.

But this approach faltered when foreign exchange reserves ran out.

First we had Thailand showing plenty of foreign exchange reserves.

Moreover, they have also been piling up foreign exchange reserves.

The problem was that Mexico did not want the process to deplete its foreign exchange reserves.

The loans total about $400 million, twice the size of Kenya's foreign exchange reserves.