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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 %
7/17/2017  30,466,371,664  29,750,159,696  716,211,969 

2.35%

7/14/2017  30,427,376,599  29,711,553,285  715,823,314 

2.35%

7/13/2017  30,413,671,635  29,697,999,375  715,672,261 

2.35%

7/12/2017  30,386,940,500  29,671,216,218  715,724,283 

2.36%

7/11/2017  30,362,759,195  29,646,886,365  715,872,830 

2.36%

7/10/2017  30,340,267,545  29,624,072,751  716,194,794 

2.36%

7/7/2017  30,325,316,268  29,609,848,602  715,467,666 

2.36%

7/6/2017  30,333,811,210  29,618,811,799  714,999,411 

2.36%

7/5/2017  30,339,249,643  29,624,682,783  714,566,860 

2.36%

7/4/2017  30,323,748,471  29,609,564,924  714,183,546 

2.36%

7/3/2017  30,309,442,307  29,595,851,759  713,590,548 

2.35%

6/30/2017  30,288,411,299  29,576,745,008  711,666,292 

2.35%

6/29/2017  30,271,801,743  29,560,577,643  711,224,100 

2.35%

6/28/2017  30,256,322,882  29,545,225,441  711,097,441 

2.35%

6/23/2017  30,227,985,757  29,516,987,505  710,998,252 

2.35%

6/22/2017  30,223,287,417  29,512,255,617  711,031,800 

2.35%

6/21/2017  30,220,925,682  29,509,868,730  711,056,952 

2.35%

6/20/2017  30,219,027,093  29,507,231,107  711,795,986 

2.36%

6/19/2017  30,218,218,788  29,506,023,303  712,195,485 

2.36%

6/16/2017  30,209,243,589  29,496,350,724  712,892,865 

2.36%

6/15/2017  30,211,411,611  29,498,010,761  713,400,851 

2.36%

6/14/2017  30,214,007,176  29,500,311,179  713,695,998 

2.36%

6/13/2017  30,222,184,955  29,508,313,134  713,871,821 

2.36%

6/12/2017  30,235,146,548  29,521,132,201  714,014,348 

2.36%

6/9/2017  30,266,804,075  29,552,872,555  713,931,519 

2.36%

6/8/2017  30,283,709,848  29,570,058,856  713,650,992 

2.36%

6/7/2017  30,291,917,668  29,578,381,257  713,536,411 

2.36%

6/6/2017  30,289,699,858  29,576,298,892  713,400,966 

2.36%

6/5/2017  30,278,952,619  29,565,235,420  713,717,199 

2.36%

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%

[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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