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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 %
3/2/2017  29,737,567,258  29,032,236,950  705,330,308 

2.37%
3/1/2017  29,688,482,702  28,982,885,943  705,596,759 

2.38%
2/28/2017  29,646,676,385  28,940,939,360  705,737,026 

2.38%
2/27/2017  29,605,238,905  28,899,388,663  705,850,242 

2.38%
2/24/2017  29,456,211,696  28,750,960,816  705,250,879 

2.39%
2/23/2017  29,414,029,124  28,708,935,731  705,093,393 

2.40%
2/22/2017  29,370,845,980  28,665,907,521  704,938,460 

2.40%
2/21/2017  29,328,242,978  28,623,120,171  705,122,807 

2.40%
2/20/2017  29,282,517,872  28,577,242,301  705,275,571 

2.41%
2/17/2017  29,111,310,589  28,405,642,778  705,667,811 

2.42%
2/16/2017  29,051,165,986  28,345,332,618  705,833,368 

2.43%
2/15/2017  29,000,564,331  28,294,558,633  706,005,698 

2.43%
2/14/2017  28,970,098,850  28,263,754,213  706,344,636 

2.44%
2/13/2017  28,915,228,753  28,208,529,893  706,698,860 

2.44%
2/10/2017  28,755,645,762  28,047,603,222  708,042,539 

2.46%
2/9/2017  28,698,901,190  27,989,825,855  709,075,335 

2.47%
2/8/2017  28,641,768,250  27,931,437,693  710,330,557 

2.48%
2/7/2017  28,582,433,315  27,870,910,774  711,522,541 

2.49%
2/6/2017  28,505,702,656  27,792,983,330  712,719,326 

2.50%
2/3/2017  28,340,421,393  27,624,289,167  716,132,225 

2.53%
2/2/2017  28,282,416,232  27,565,306,179  717,110,053 

2.54%
2/1/2017  28,227,251,639  27,509,730,802  717,520,837 

2.54%
1/31/2017  28,174,226,894  27,457,031,874  717,195,020 

2.55%
1/30/2017  28,121,107,201  27,404,294,212  716,812,989 

2.55%
1/27/2017  27,945,556,181  27,230,009,685  715,546,496 

2.56%
1/26/2017  27,888,503,123  27,173,464,775  715,038,348 

2.56%
1/25/2017  27,828,421,827  27,113,864,662  714,557,165 

2.57%
1/24/2017  27,760,135,216  27,046,098,846  714,036,369 

2.57%
1/23/2017  27,693,520,619  26,979,992,151  713,528,468 

2.58%
1/20/2017  27,493,651,262  26,782,623,650  711,027,611 

2.59%
1/19/2017  27,435,474,134  26,725,291,285  710,182,850 

2.59%
[1/9]

 

Facts : 1/1/1900
London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements.
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