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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 %
12/29/2017  38,765,961,445  38,058,560,701  707,400,744 

1.82%
12/28/2017  38,730,963,337  38,023,546,726  707,416,611 

1.83%
12/27/2017  38,602,267,412  37,894,891,871  707,375,542 

1.83%
12/22/2017  37,921,897,618  37,215,040,318  706,857,299 

1.86%
12/21/2017  37,780,073,977  37,073,333,390  706,740,587 

1.87%
12/20/2017  37,636,754,983  36,930,169,458  706,585,525 

1.88%
12/19/2017  37,494,313,711  36,787,882,941  706,430,770 

1.88%
12/18/2017  37,353,429,178  36,647,159,754  706,269,424 

1.89%
12/15/2017  36,979,821,074  36,273,345,106  706,475,969 

1.91%
12/14/2017  36,853,971,499  36,147,460,438  706,511,061 

1.92%
12/13/2017  36,715,248,666  36,008,944,514  706,304,152 

1.92%
12/12/2017  36,575,831,517  35,869,917,153  705,914,365 

1.93%
12/11/2017  36,434,386,661  35,728,540,337  705,846,324 

1.94%
12/8/2017  36,009,919,800  35,304,348,866  705,570,934 

1.96%
12/7/2017  35,863,941,984  35,158,478,162  705,463,821 

1.97%
12/6/2017  35,728,460,476  35,022,898,948  705,561,528 

1.97%
12/5/2017  35,593,474,814  34,887,922,479  705,552,335 

1.98%
12/4/2017  35,468,280,669  34,762,832,133  705,448,536 

1.99%
12/1/2017  35,076,068,210  34,371,139,031  704,929,178 

2.01%
11/30/2017  34,945,550,023  34,240,804,400  704,745,623 

2.02%
11/29/2017  34,816,024,450  34,111,239,086  704,785,364 

2.02%
11/28/2017  34,673,806,308  33,969,002,488  704,803,820 

2.03%
11/27/2017  34,633,123,471  33,928,240,881  704,882,590 

2.04%
11/24/2017  34,529,194,967  33,824,088,092  705,106,875 

2.04%
11/23/2017  34,491,200,036  33,786,013,540  705,186,496 

2.04%
11/22/2017  34,457,842,787  33,752,624,774  705,218,013 

2.05%
11/21/2017  34,429,914,922  33,725,188,084  704,726,838 

2.05%
11/20/2017  34,414,306,284  33,710,370,486  703,935,797 

2.05%
11/17/2017  34,374,108,373  33,672,558,666  701,549,708 

2.04%
11/16/2017  34,356,468,043  33,655,579,539  700,888,504 

2.04%
11/15/2017  34,329,781,617  33,629,505,314  700,276,303 

2.04%
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Facts : 3/1/1970
ORGANISATION AND GROWTH:In March, 1970, the Board of Directors employed the services of W.H. Rozell (Junior), a consultant, to, among other things, review the existing structure and size of the Bank Departments. In the same year, Rozell proposed a new organisational structure for the CBN.
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