Cape Verde: Foreign exchange reserves

(measure: billion Cape Verde Escudo, source: Bank of Cape Verde)
* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units in Cape Verde, March, 2020: For that indicator, we provide data for Cape Verde from December 2010 to March 2020. The average value for Cape Verde during that period was 46.24 billion Cape Verde Escudo with a minimum of 23.42 billion Cape Verde Escudo in November 2011 and a maximum of 75.31 billion Cape Verde Escudo in February 2020. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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Measure: billion Cape Verde Escudo
Source: Bank of Cape Verde

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.
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