Asia tops rankings for reserves coverage ratios

Asia leads across three main metrics, but the region may be moderating its holdings

Asian central banks have the highest levels of reserves adequacy across all the main metrics surveyed in Reserve Benchmarks 2020.

Asian central banks have an average of 7.3 months of import coverage (n=7). Their reserves are also enough to cover three times their short-term external debt, according to their reported Guidotti-Greenspan ratios. Furthermore, their ARA metrics average 1.4 – towards the upper end of what the International Monetary Fund considers a prudent level (anything from 1–1.5

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account