Foreign Exchange Reserves in Cape Verde decreased to 72275.60 CVE Million in August from 73787.20 CVE Million in July of 2020.

Foreign Exchange Reserves in Cape Verde averaged 26116.25 CVE Million from 1993 until 2020, reaching an all time high of 76482.80 CVE Million in April of 2020 and a record low of 784.10 CVE Million in December of 1998. This page provides - Cape Verde Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Foreign Exchange Reserves - values, historical data and charts - was last updated on October of 2020.

Foreign Exchange Reserves in Cape Verde is expected to be 61970.00 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Cape Verde to stand at 61970.00 in 12 months time. In the long-term, the Cape Verde Foreign Exchange Reserves is projected to trend around 62700.00 CVE Million in 2021, according to our econometric models.

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Cape Verde Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
72275.60 73787.20 76482.80 784.10 1993 - 2020 CVE Million Monthly

Cape Verde Money Last Previous Highest Lowest Unit
Interest Rate 1.00 1.00 10.50 1.00 percent [+]
Money Supply M0 108116.59 107686.32 108469.50 87392.90 CVE Million [+]
Money Supply M2 198683.80 196731.40 1234914.00 18495.60 CVE Million [+]
Foreign Exchange Reserves 72275.60 73787.20 76482.80 784.10 CVE Million [+]
Deposit Interest Rate 1.50 1.90 5.27 1.50 percent [+]
Money Supply M1 90567.20 89045.10 880380.00 47147.40 CVE Million [+]
Banks Balance Sheet 235917.82 234050.37 235917.82 134797.80 CVE Million [+]


Cape Verde Foreign Exchange Reserves
In Cape Verde, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.