Forex reserves refer to a country's holdings of foreign currencies and gold.

China has the largest forex reserves in the world, with over $3.2 trillion as of 2021.

Japan has the second-largest forex reserves, with over $1.4 trillion as of 2021.

Switzerland has the third-largest forex reserves, with over $1 trillion as of 2021.

Russia has the fourth-largest forex reserves, with over $590 billion as of 2021.

 India has the fifth-largest forex reserves, with over $590 billion as of 2021.

South Korea has the sixth-largest forex reserves, with over $450 billion as of 2021.

Brazil has the seventh-largest forex reserves, with over $360 billion as of 2021.

Taiwan has the eighth-largest forex reserves, with over $450 billion as of 2021.

Hong Kong has the ninth-largest forex reserves, with over $450 billion as of 2021.