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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 %
10/13/2023  33,223,774,656  32,434,741,235  789,033,421 

2.37%
10/12/2023  33,224,350,901  32,439,845,182  784,505,719 

2.36%
10/11/2023  33,222,964,556  32,442,153,455  780,811,101 

2.35%
10/10/2023  33,221,060,054  32,444,067,997  776,992,057 

2.34%
10/6/2023  33,222,630,688  32,459,793,039  762,837,649 

2.30%
10/5/2023  33,227,015,519  32,467,481,047  759,534,472 

2.29%
10/4/2023  33,226,415,801  32,470,079,654  756,336,147 

2.28%
10/3/2023  33,226,321,385  32,472,548,308  753,773,077 

2.27%
9/29/2023  33,237,603,572  32,494,015,373  743,588,199 

2.24%
9/28/2023  33,242,364,043  32,501,215,531  741,148,512 

2.23%
9/26/2023  33,251,343,687  32,513,606,317  737,737,370 

2.22%
9/25/2023  33,261,165,807  32,525,171,801  735,994,006 

2.21%
9/22/2023  33,276,615,959  32,546,654,203  729,961,756 

2.19%
9/21/2023  33,280,104,047  32,551,560,993  728,543,054 

2.19%
9/20/2023  33,280,272,632  32,553,322,643  726,949,989 

2.18%
9/19/2023  33,283,049,916  32,558,289,294  724,760,622 

2.18%
9/18/2023  33,286,962,204  32,564,424,612  722,537,593 

2.17%
9/15/2023  33,296,351,900  32,575,269,445  721,082,455 

2.17%
9/14/2023  33,300,263,007  32,579,628,992  720,634,015 

2.16%
9/13/2023  33,294,357,961  32,570,967,802  723,390,159 

2.17%
9/12/2023  33,293,917,316  32,567,769,225  726,148,090 

2.18%
9/11/2023  33,293,300,404  32,565,221,047  728,079,357 

2.19%
9/8/2023  33,327,224,180  32,592,958,231  734,265,949 

2.20%
9/6/2023  33,391,452,585  32,651,688,830  739,763,755 

2.22%
9/5/2023  33,430,777,182  32,688,081,795  742,695,387 

2.22%
9/4/2023  33,464,320,240  32,718,867,537  745,452,703 

2.23%
9/1/2023  33,572,906,346  32,824,729,025  748,177,322 

2.23%
8/31/2023  33,954,113,884  33,208,417,499  745,696,385 

2.20%
8/30/2023  33,625,252,735  32,875,419,819  749,832,916 

2.23%
8/29/2023  33,653,196,899  32,902,630,704  750,566,195 

2.23%
8/28/2023  33,681,077,136  32,930,258,570  750,818,566 

2.23%
[1/9]

 

Facts : 1/1/1995
Magnetic Ink Character Recognition:The Magnetic Ink Character Recognition (MICR) which is an automated system for sorting cheques and other financial instrumenTS. This facility came into effect in the early part of 1995.
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