Foreign Exchange Reserves in Cape Verde increased to 72912.10 CVE Million in December from 69173.60 CVE Million in November of 2019.

Foreign Exchange Reserves in Cape Verde averaged 24803.25 CVE Million from 1993 until 2019, reaching an all time high of 72912.10 CVE Million in December of 2019 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 July of 2020.

Foreign Exchange Reserves in Cape Verde is expected to be 64100.00 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
72912.10 69173.60 72912.10 784.10 1993 - 2019 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 108243.75 107640.40 108243.75 87392.90 CVE Million [+]
Money Supply M2 196281.80 191137.90 1234914.00 18495.60 CVE Million [+]
Foreign Exchange Reserves 72912.10 69173.60 72912.10 784.10 CVE Million [+]
Deposit Interest Rate 1.50 1.90 5.27 1.50 percent [+]
Money Supply M1 880380.00 83497.50 880380.00 47147.40 CVE Million [+]
Banks Balance Sheet 233531.99 235907.18 235907.18 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.