FACTBOX - The IMF common reserve proposal and BRIC savings

(Reuters) - International Monetary Fund chief Dominique Strauss-Kahn has proposed creating a common pool of reserves to help rebalance the world economy by dissuading emerging market countries from accumulating massive foreign exchange reserves.

Such ideas are likely to come into play as Group of 20 nations develop a plan to build a more balanced global economy, which would shrink surpluses in export-rich countries such as China and boost savings in debt-laden nations like the United States.

G20 finance ministers meet in Scotland this weekend to discuss the new framework and are expected to get into details next year. Still, emerging market countries are unlikely to want to forego self-protection to contribute to a multilateral coffer without clear rules on access.

Here are some details about the reserves of BRIC countries -- an acronym that refers to the emerging powerhouses of Brazil, Russia, India and China:

BRAZIL:

* Brazil had about $233 billion in reserves on Nov. 3, the latest data available. The amount is an all-time high for Brazil, Latin America's largest economy.

* Brazil had 89.1 percent of its reserves in U.S. dollars, 9.4 percent in euros and 1.5 percent in other currencies in December 2008, according to the central bank.