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.
* indicates monthly or quarterly data series
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.