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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 %
3/6/2023  36,515,610,299  35,524,408,854  991,201,445 

2.71%

3/3/2023  36,612,679,267  35,617,355,089  995,324,178 

2.72%

3/2/2023  36,648,578,649  35,650,745,951  997,832,698 

2.72%

3/1/2023  36,656,047,017  35,655,556,606  1,000,490,410 

2.73%

2/27/2023  36,678,837,822  35,670,665,910  1,008,171,912 

2.75%

2/24/2023  36,698,009,335  35,675,709,870  1,022,299,465 

2.79%

2/23/2023  36,706,991,312  35,679,923,532  1,027,067,780 

2.80%

2/21/2023  36,724,035,984  35,689,727,439  1,034,308,544 

2.82%

2/20/2023  36,733,880,699  35,696,828,092  1,037,052,607 

2.82%

2/17/2023  36,760,796,945  35,718,924,369  1,041,872,575 

2.83%

2/16/2023  36,778,628,221  35,734,372,845  1,044,255,376 

2.84%

2/15/2023  36,794,556,843  35,747,560,159  1,046,996,684 

2.85%

2/14/2023  36,808,626,945  35,761,517,815  1,047,109,130 

2.84%

2/13/2023  36,817,284,240  35,770,686,518  1,046,597,722 

2.84%

2/10/2023  36,820,837,039  35,776,364,852  1,044,472,187 

2.84%

2/9/2023  36,820,793,069  35,776,332,306  1,044,460,763 

2.84%

2/8/2023  36,820,937,100  35,776,347,091  1,044,590,009 

2.84%

2/7/2023  36,856,217,913  35,810,684,878  1,045,533,035 

2.84%

2/6/2023  36,898,023,487  35,853,024,437  1,044,999,050 

2.83%

2/3/2023  36,988,807,940  35,943,816,817  1,044,991,124 

2.83%

2/2/2023  37,020,126,413  35,974,431,804  1,045,694,610 

2.82%

2/1/2023  37,009,927,134  35,963,851,494  1,046,075,640 

2.83%

1/31/2023  36,996,157,229  35,951,741,507  1,044,415,722 

2.82%

1/30/2023  37,006,097,776  35,962,887,799  1,043,209,978 

2.82%

1/27/2023  37,040,597,649  36,003,296,087  1,037,301,562 

2.80%

1/26/2023  37,069,867,763  36,034,179,039  1,035,688,724 

2.79%

1/25/2023  37,096,919,744  36,062,430,053  1,034,489,690 

2.79%

1/24/2023  37,121,732,899  36,089,615,988  1,032,116,911 

2.78%

1/23/2023  37,146,427,992  36,114,631,988  1,031,796,004 

2.78%

1/20/2023  37,192,203,537  36,162,009,162  1,030,194,374 

2.77%

1/19/2023  37,201,976,881  36,172,275,823  1,029,701,059 

2.77%

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Facts : 1/1/1900
Structural Adjustment Programme (S.A.P.):Introduced in June 1986, the Structural Adjustment Programme was introduced after a public debate on IMF loan conditionalities. It was aimed at re-structuring the productive base of the ecnonomy and promoting non-inflationary economic growth.
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