Canada: Foreign exchange reserves
* indicates monthly or quarterly data series
| Canada |
Foreign exchange reserves, billion currency units |
|---|---|
| Latest value | 106.64 |
| Reference | July 2022 |
| Measure | billion U.S. Dollar |
| Source | Bank of Canada |
For that indicator, we provide data for Canada from January 1960 to July 2022. The average value for Canada during that period was 26.79 billion U.S. Dollar with a minimum of 1.68 billion U.S. Dollar in June 1962 and a maximum of 107.89 billion U.S. Dollar in May 2022.
Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series
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Measure: billion U.S. Dollar
Source: Bank of Canada
Source: Bank of Canada
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.