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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 %
10/28/2022  37,445,333,679  36,474,379,452  970,954,227 

2.59%

10/27/2022  37,467,402,821  36,497,920,080  969,482,741 

2.59%

10/26/2022  37,488,769,535  36,520,756,678  968,012,857 

2.58%

10/25/2022  37,520,200,761  36,553,891,492  966,309,269 

2.58%

10/24/2022  37,555,992,532  36,591,203,165  964,789,367 

2.57%

10/21/2022  37,647,984,667  36,687,676,244  960,308,423 

2.55%

10/20/2022  37,681,395,735  36,723,208,066  958,187,669 

2.54%

10/19/2022  37,714,686,543  36,758,842,438  955,844,106 

2.53%

10/18/2022  37,760,212,079  36,806,599,846  953,612,234 

2.53%

10/17/2022  37,795,960,115  36,844,510,333  951,449,782 

2.52%

10/14/2022  37,882,049,864  36,937,514,142  944,535,722 

2.49%

10/13/2022  37,906,197,208  36,964,292,873  941,904,335 

2.48%

10/12/2022  37,946,851,775  37,007,485,398  939,366,376 

2.48%

10/11/2022  37,974,871,124  37,037,863,693  937,007,431 

2.47%

10/7/2022  38,071,846,402  37,140,552,251  931,294,151 

2.45%

10/6/2022  38,099,319,023  37,170,288,123  929,030,900 

2.44%

10/5/2022  38,109,487,661  37,181,277,327  928,210,334 

2.44%

10/4/2022  38,139,282,723  37,219,486,899  919,795,824 

2.41%

9/30/2022  38,252,906,234  37,366,246,640  886,659,594 

2.32%

9/29/2022  38,284,630,993  37,406,241,753  878,389,240 

2.29%

9/28/2022  38,318,833,839  37,448,689,100  870,144,739 

2.27%

9/27/2022  38,356,497,902  37,494,485,680  862,012,222 

2.25%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

9/26/2022  38,385,009,736  37,531,090,682  853,919,054 

2.22%

[1/9]

 

Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
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