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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 %
1/27/2021  36,395,129,838  36,081,177,401  313,952,437 

0.86%

1/26/2021  36,431,944,190  36,116,207,072  315,737,118 

0.87%

1/25/2021  36,521,399,130  36,198,881,891  322,517,239 

0.88%

1/25/2021  36,469,940,426  36,152,424,803  317,515,623 

0.87%

1/21/2021  36,508,524,756  36,184,313,046  324,211,710 

0.89%

1/20/2021  36,483,856,701  36,157,839,324  326,017,377 

0.89%

1/19/2021  36,464,589,000  36,136,753,187  327,835,812 

0.90%

1/18/2021  36,442,942,107  36,114,232,697  328,709,411 

0.90%

1/15/2021  36,350,067,832  36,017,688,773  332,379,060 

0.91%

1/14/2021  36,304,273,599  35,970,687,620  333,585,979 

0.92%

1/13/2021  36,262,752,298  35,928,008,227  334,744,071 

0.92%

1/12/2021  36,218,678,170  35,882,782,685  335,895,484 

0.93%

1/11/2021  36,141,280,821  35,804,749,245  336,531,575 

0.93%

1/8/2021  35,899,139,189  35,561,992,785  337,146,404 

0.94%

1/7/2021  35,834,042,774  35,496,953,551  337,089,223 

0.94%

1/5/2021  35,715,651,529  35,378,737,281  336,914,249 

0.94%

1/4/2021  35,647,798,621  35,310,968,194  336,830,427 

0.94%

12/31/2020  35,373,915,213  35,036,893,073  337,022,139 

0.95%

12/30/2020  35,319,120,892  34,981,406,109  337,714,783 

0.96%

12/30/2020  35,356,509,312  34,978,018,718  378,490,594 

1.07%

12/29/2020  35,262,062,456  34,923,484,043  338,578,413 

0.96%

12/24/2020  34,978,535,688  34,635,727,721  342,807,967 

0.98%

12/23/2020  34,927,268,413  34,583,144,334  344,124,078 

0.99%

12/22/2020  34,909,199,420  34,563,670,150  345,529,271 

0.99%

12/21/2020  34,898,604,186  34,551,714,133  346,890,053 

0.99%

12/18/2020  34,841,313,139  34,490,284,726  351,028,413 

1.01%

12/17/2020  34,825,216,064  34,472,792,104  352,423,960 

1.01%

12/16/2020  34,837,868,699  34,484,041,418  353,827,281 

1.02%

12/15/2020  34,846,938,328  34,491,884,374  355,053,955 

1.02%

12/14/2020  34,851,013,003  34,494,729,635  356,283,368 

1.02%

12/11/2020  34,925,512,398  34,565,513,907  359,998,491 

1.03%

[1/9]

 

Facts : 7/1/1959
POLICY MAKING ORGAN:The Board of Directors is responsibe for formulating the Monetary/Credit and Exchange rate policy proposals for the approval of the Federal Executive Council and for implementating approved policy guidelines.
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