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Movement In Reserves

FX Structure | FX Mgt Before Now. | FX Mkt | Debt Conversion | Exchange Rate Policy | Movement in Reserves | International Payments | Reserve Management

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 %
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%

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%

9/23/2022  38,463,187,594  37,632,965,150  830,222,444 

2.16%

9/22/2022  38,485,821,925  37,662,039,075  823,782,850 

2.14%

9/21/2022  38,511,327,858  37,695,361,380  815,966,478 

2.12%

9/20/2022  38,539,005,219  37,730,216,994  808,788,225 

2.10%

9/19/2022  38,569,826,462  37,768,110,449  801,716,013 

2.08%

9/16/2022  38,648,714,950  37,869,052,197  779,662,752 

2.02%

9/15/2022  38,689,328,962  37,917,206,747  772,122,215 

2.00%

9/14/2022  38,735,508,779  37,970,494,008  765,014,771 

1.97%

9/13/2022  38,782,090,814  38,027,303,973  754,786,841 

1.95%

[1/9]

 

Facts : 1/1/1900
Federal Ministry of Finance:The Federal Ministry of Finance (FMF) advises the Federal Government on its fiscal operations and collaborates with the Central Bank of Nigeria (CBN) on monetary matters. Before 1991, the responsibility for the supervision and licensing of banks was shared between FMF and CBN until 1991 when CBN became the sole authority.
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