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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 %
3/28/2024  33,827,356,277  32,951,220,379  876,135,898 

2.59%
3/27/2024  33,885,616,518  33,008,756,286  876,860,233 

2.59%
3/26/2024  33,951,731,740  33,074,193,978  877,537,762 

2.58%
3/21/2024  34,263,642,298  33,383,728,177  879,914,121 

2.57%
3/20/2024  34,323,334,475  33,442,949,569  880,384,906 

2.56%
3/19/2024  34,388,681,075  33,507,920,474  880,760,600 

2.56%
3/18/2024  34,449,783,651  33,571,632,233  878,151,418 

2.55%
3/15/2024  34,419,741,974  33,550,850,659  868,891,315 

2.52%
3/14/2024  34,415,503,936  33,550,127,124  865,376,812 

2.51%
3/13/2024  34,412,797,520  33,550,902,524  861,894,996 

2.50%
3/12/2024  34,374,296,038  33,515,655,344  858,640,694 

2.50%
3/11/2024  34,336,401,925  33,480,866,083  855,535,841 

2.49%
3/8/2024  34,205,616,720  33,361,118,270  844,498,449 

2.47%
3/7/2024  34,110,027,381  33,270,128,504  839,898,877 

2.46%
3/6/2024  34,017,673,827  33,185,000,467  832,673,360 

2.45%
3/5/2024  33,956,859,682  33,131,081,159  825,778,523 

2.43%
3/4/2024  33,897,249,128  33,077,322,530  819,926,598 

2.42%
3/1/2024  33,762,501,354  32,960,290,319  802,211,035 

2.38%
2/29/2024  33,718,605,623  32,922,219,436  796,386,187 

2.36%
2/28/2024  33,676,484,816  32,885,784,362  790,700,454 

2.35%
2/23/2024  33,518,152,780  32,759,607,366  758,545,415 

2.26%
2/21/2024  33,446,458,032  32,700,983,061  745,474,972 

2.23%
2/20/2024  33,416,893,057  32,677,821,136  739,071,920 

2.21%
2/19/2024  33,390,918,111  32,658,264,720  732,653,391 

2.19%
2/16/2024  33,294,663,550  32,575,002,061  719,661,489 

2.16%
2/15/2024  33,262,171,509  32,545,784,389  716,387,120 

2.15%
2/14/2024  33,212,105,732  32,498,433,555  713,672,177 

2.15%
2/13/2024  33,172,390,886  32,461,187,263  711,203,623 

2.14%
2/8/2024  33,116,051,881  32,417,252,090  698,799,792 

2.11%
2/5/2024  33,171,648,350  32,473,557,258  698,091,092 

2.10%
1/30/2024  33,353,665,927  32,650,928,631  702,737,296 

2.11%
[1/9]

 

Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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