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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:    
Date Gross Liquid Blocked %
7/12/2018  47,663,909,039  46,925,123,193  738,785,846 

1.55%

7/11/2018  47,697,265,383  46,958,944,355  738,321,028 

1.55%

7/10/2018  47,728,612,008  46,990,514,488  738,097,520 

1.55%

7/9/2018  47,749,218,711  47,011,698,964  737,519,747 

1.54%

7/6/2018  47,792,804,699  47,057,097,734  735,706,964 

1.54%

7/5/2018  47,798,884,274  47,064,015,649  734,868,625 

1.54%

7/4/2018  47,798,617,748  47,064,232,153  734,385,595 

1.54%

7/3/2018  47,795,493,983  47,061,341,863  734,152,121 

1.54%

7/2/2018  47,798,672,376  47,064,901,185  733,771,190 

1.54%

6/29/2018  47,788,529,071  47,055,526,035  733,003,037 

1.53%

6/28/2018  47,775,590,009  47,042,874,150  732,715,859 

1.53%

6/27/2018  47,782,034,919  47,049,744,787  732,290,132 

1.53%

6/26/2018  47,790,210,493  47,058,389,820  731,820,673 

1.53%

6/25/2018  47,804,356,829  47,072,023,421  732,333,408 

1.53%

6/22/2018  47,787,183,153  47,053,206,590  733,976,563 

1.54%

6/21/2018  47,784,255,384  47,049,567,005  734,688,379 

1.54%

6/20/2018  47,781,789,297  47,046,316,890  735,472,407 

1.54%

6/19/2018  47,774,904,038  47,039,147,400  735,756,639 

1.54%

6/14/2018  47,655,078,327  46,920,746,932  734,331,395 

1.54%

6/13/2018  47,627,340,654  46,893,653,040  733,687,614 

1.54%

6/12/2018  47,585,290,117  46,852,191,296  733,098,820 

1.54%

6/11/2018  47,547,188,966  46,813,877,735  733,311,232 

1.54%

6/8/2018  47,437,063,993  46,702,149,956  734,914,037 

1.55%

6/7/2018  47,425,119,657  46,689,666,887  735,452,771 

1.55%

6/6/2018  47,436,780,844  46,701,134,181  735,646,663 

1.55%

6/5/2018  47,452,170,010  46,716,101,222  736,068,787 

1.55%

6/4/2018  47,472,550,210  46,736,158,281  736,391,930 

1.55%

6/1/2018  47,596,058,225  46,859,203,549  736,854,675 

1.55%

5/31/2018  47,605,290,416  46,868,210,800  737,079,616 

1.55%

5/30/2018  47,622,706,934  46,885,540,219  737,166,715 

1.55%

5/28/2018  47,655,421,062  46,917,948,445  737,472,617 

1.55%

[1/9]

 

Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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