Canada foreign exchange reserves

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Canada foreign exchange reserves: 123084 (-3.9%)
Last Update: October 31, 2024

Canada foreign exchange reserves closed down 123084 as of October 31, 2024 from 128074 from the previous month and 112537 from last year.


Canada foreign exchange reserves Analytics & Data




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Canada foreign exchange reserves

Date Values
2024-10-31 123084
2024-09-30 128074
2024-08-31 125782
2024-07-31 124205
2024-06-30 122900
2024-05-31 122758
2024-04-30 121032
2024-03-31 117950
2024-02-29 116251
2024-01-31 116296
2023-12-31 118276
2023-11-30 115440
2023-10-31 112537
2023-09-30 112446
2023-08-31 114687
2023-07-31 114512
2023-06-30 114284
2023-05-31 113840
2023-04-30 114355
2023-03-31 109960
2023-02-28 108766
2023-01-31 109909
2022-12-31 107255
2022-11-30 106462

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Canada foreign exchange reserves Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
foreign exchange reserves ca.fxreserves 123084.0 128074 -4 9 UP UP 73 2024-10-31

Canada foreign exchange reserves Quantitative Analysis, Charts & Factors

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Canada foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the Canada foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Canada foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Canada foreign exchange reserves

Canada's foreign exchange reserves refer to the amount of foreign currency and other assets held by the country's central bank. These reserves are used to stabilize the Canadian dollar in the foreign exchange market, as well as to provide liquidity in case of economic emergencies. Canada's foreign exchange reserves are an important indicator of the country's ability to meet its international financial obligations and to manage potential financial crises. The level of reserves is closely monitored by policymakers and economists to ensure stability in the currency and overall economy. Having sufficient foreign exchange reserves can also help attract foreign investment and maintain confidence in the Canadian financial system.

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