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Movement In Reserves

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The Movement in Reserves (30-Day Moving Average with effect from November 2011)

The evolution of the foreign exchange market in Nigeria has been influenced by a number of factors such as the changing pattern of international trade, institutional changes in the economy and structural shifts in production. Prior to the establishment of the Central Bank of Nigeria (CBN) and the enactment of the Exchange Control Act of 1962, foreign

Before:   

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Date Gross Liquid Blocked %
6/2/2017  30,283,215,915  29,568,380,939  714,834,976 

2.36%
6/1/2017  30,300,203,047  29,584,846,201  715,356,846 

2.36%
5/31/2017  30,329,636,331  29,613,758,289  715,878,042 

2.36%
5/30/2017  30,360,798,903  29,644,447,007  716,351,896 

2.36%
5/26/2017  30,461,558,379  29,744,004,588  717,553,791 

2.36%
5/25/2017  30,494,680,050  29,776,720,004  717,960,046 

2.35%
5/24/2017  30,519,533,090  29,801,154,749  718,378,342 

2.35%
5/23/2017  30,547,633,351  29,828,891,104  718,742,246 

2.35%
5/22/2017  30,577,859,414  29,858,818,372  719,041,042 

2.35%
5/19/2017  30,665,258,245  29,944,697,308  720,560,937 

2.35%
5/18/2017  30,695,951,058  29,975,078,832  720,872,226 

2.35%
5/17/2017  30,723,881,733  30,002,989,455  720,892,278 

2.35%
5/16/2017  30,752,601,336  30,032,062,820  720,538,516 

2.34%
5/15/2017  30,781,380,682  30,060,988,153  720,392,529 

2.34%
5/12/2017  30,878,596,580  30,158,212,480  720,384,099 

2.33%
5/11/2017  30,911,121,646  30,191,960,243  719,161,403 

2.33%
5/10/2017  30,922,469,154  30,204,740,511  717,728,643 

2.32%
5/9/2017  30,928,485,613  30,211,971,746  716,513,868 

2.32%
5/8/2017  30,933,760,960  30,218,923,883  714,837,076 

2.31%
5/5/2017  30,983,699,573  30,274,550,192  709,149,381 

2.29%
5/4/2017  30,988,403,724  30,281,178,628  707,225,096 

2.28%
5/3/2017  30,984,544,928  30,279,378,367  705,166,561 

2.28%
5/2/2017  30,974,826,260  30,271,770,790  703,055,469 

2.27%
4/28/2017  30,864,632,989  30,170,607,388  694,025,601 

2.25%
4/27/2017  30,841,112,129  30,149,398,249  691,713,881 

2.24%
4/26/2017  30,801,857,639  30,112,392,849  689,464,790 

2.24%
4/25/2017  30,762,702,559  30,075,520,274  687,182,285 

2.23%
4/24/2017  30,731,134,001  30,046,284,842  684,849,159 

2.23%
4/21/2017  30,627,528,545  29,949,640,110  677,888,435 

2.21%
4/20/2017  30,606,213,993  29,930,475,457  675,738,536 

2.21%
4/19/2017  30,585,796,013  29,912,207,392  673,588,621 

2.20%
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Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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