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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 %
12/23/2022  36,966,681,365  35,934,966,343  1,031,715,022 

2.79%
12/22/2022  36,953,048,723  35,922,682,025  1,030,366,699 

2.79%
12/21/2022  36,947,672,924  35,918,401,170  1,029,271,755 

2.79%
12/20/2022  36,945,587,514  35,917,403,121  1,028,184,393 

2.78%
12/19/2022  36,944,921,325  35,917,839,201  1,027,082,124 

2.78%
12/16/2022  36,939,576,301  35,915,570,621  1,024,005,680 

2.77%
12/15/2022  36,946,867,011  35,924,324,201  1,022,542,810 

2.77%
12/14/2022  36,949,143,386  35,927,510,964  1,021,632,422 

2.76%
12/13/2022  36,948,759,588  35,928,110,381  1,020,649,207 

2.76%
12/9/2022  36,957,607,601  35,944,410,578  1,013,197,023 

2.74%
12/8/2022  36,962,421,996  35,950,721,132  1,011,700,864 

2.74%
12/7/2022  36,966,434,167  35,956,215,210  1,010,218,957 

2.73%
12/6/2022  36,968,391,667  35,959,218,414  1,009,173,253 

2.73%
12/5/2022  36,998,943,788  35,990,855,060  1,008,088,728 

2.72%
12/2/2022  37,075,171,905  36,070,836,141  1,004,335,764 

2.71%
12/1/2022  37,104,957,404  36,102,389,358  1,002,568,047 

2.70%
11/30/2022  37,112,947,063  36,112,208,430  1,000,738,633 

2.70%
11/29/2022  37,117,899,043  36,118,987,165  998,911,878 

2.69%
11/28/2022  37,124,366,551  36,126,834,972  997,531,579 

2.69%
11/25/2022  37,172,503,981  36,179,856,409  992,647,572 

2.67%
11/24/2022  37,181,415,906  36,190,400,625  991,015,281 

2.67%
11/23/2022  37,186,524,138  36,196,158,377  990,365,761 

2.66%
11/22/2022  37,192,292,683  36,202,560,949  989,731,733 

2.66%
11/21/2022  37,193,436,291  36,204,690,870  988,745,421 

2.66%
11/18/2022  37,192,381,391  36,206,491,314  985,890,077 

2.65%
11/17/2022  37,191,219,834  36,206,124,926  985,094,908 

2.65%
11/16/2022  37,188,055,801  36,202,909,321  985,146,480 

2.65%
11/15/2022  37,177,874,243  36,192,820,585  985,053,658 

2.65%
11/14/2022  37,180,864,527  36,195,877,411  984,987,116 

2.65%
11/11/2022  37,202,170,301  36,216,053,435  986,116,866 

2.65%
11/10/2022  37,221,965,881  36,235,247,024  986,718,856 

2.65%
[1/9]

 

Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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