Canada’s international reserves rose by US$100 million in January to US$36,368 million, the Finance Department reported today.
The reserves gained US$136 million on investments and netted US$109 million on management operations. They lost US$104 million from revaluation, which reflects changes in the market value of assets from movements in exchange rates. Foreign currency debt charges cost US$41 million.
Foreign currency reserves as of Jan. 31 consisted of US$29.489 billion in securities and US$2.164 billion in deposits for a total of US$31.653 billion in liquid reserves.
The government also held US$44 million in gold, special drawing rights of US$835 million, and a reserve position in the International Monetary Fund of US$3.836 billion.
The next release for Official International Reserves is March 3.