Foreign Exchange Reserves in Cape Verde decreased to 60323.30 CVE Million in February from 63554.70 CVE Million in January of 2021. source: Banco de Cabo Verde

Foreign Exchange Reserves in Cape Verde averaged 26894.85 CVE Million from 1993 until 2021, 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 June of 2021.

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 62700.00 in 12 months time. In the long-term, the Cape Verde Foreign Exchange Reserves is projected to trend around 62700.00 CVE Million in 2022, according to our econometric models.

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Cape Verde Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
60323.30 63554.70 76482.80 784.10 1993 - 2021 CVE Million Monthly

Cape Verde Money Last Previous Highest Lowest Unit
Interest Rate 0.25 0.25 5.75 0.25 percent [+]
Money Supply M0 110070.90 109286.50 110389.00 87392.90 CVE Million [+]
Money Supply M2 202493.40 203392.40 1234914.00 18495.60 CVE Million [+]
Foreign Exchange Reserves 60323.30 63554.70 76482.80 784.10 CVE Million [+]
Deposit Interest Rate 0.88 1.50 5.27 0.88 percent [+]
Money Supply M1 92422.50 94105.90 880380.00 47147.40 CVE Million [+]
Banks Balance Sheet 238575.36 239605.07 240570.67 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.