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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 %
5/13/2022  39,011,855,263  38,748,919,804  262,935,459 

0.67%

5/12/2022  39,041,257,795  38,777,760,493  263,497,302 

0.67%

5/11/2022  39,074,703,750  38,810,591,504  264,112,245 

0.68%

5/10/2022  39,124,102,995  38,859,492,946  264,610,049 

0.68%

5/9/2022  39,166,668,413  38,901,608,812  265,059,601 

0.68%

5/6/2022  39,309,518,227  39,043,056,649  266,461,578 

0.68%

5/5/2022  39,367,429,046  39,100,481,493  266,947,553 

0.68%

5/4/2022  39,426,731,079  39,159,247,592  267,483,487 

0.68%

4/29/2022  39,579,280,536  39,312,161,077  267,119,458 

0.67%

4/28/2022  39,615,433,888  39,348,153,597  267,280,291 

0.67%

4/27/2022  39,645,674,647  39,378,189,432  267,485,214 

0.67%

4/26/2022  39,677,508,993  39,410,404,209  267,104,784 

0.67%

4/25/2022  39,713,854,942  39,447,185,811  266,669,131 

0.67%

4/22/2022  39,805,991,121  39,540,763,867  265,227,254 

0.67%

4/21/2022  39,811,560,184  39,546,734,173  264,826,011 

0.67%

4/20/2022  39,795,294,527  39,532,961,227  262,333,301 

0.66%

4/19/2022  39,781,617,041  39,521,809,067  259,807,973 

0.65%

4/14/2022  39,735,309,466  39,488,155,071  247,154,394 

0.62%

4/13/2022  39,725,624,013  39,480,946,107  244,677,906 

0.62%

4/12/2022  39,713,433,093  39,471,173,918  242,259,175 

0.61%

4/11/2022  39,704,996,121  39,465,187,676  239,808,445 

0.60%

4/8/2022  39,659,957,150  39,427,494,433  232,462,718 

0.59%

4/7/2022  39,647,857,133  39,417,870,766  229,986,367 

0.58%

4/6/2022  39,631,010,632  39,403,578,428  227,432,204 

0.57%

4/5/2022  39,604,970,157  39,380,077,406  224,892,752 

0.57%

4/4/2022  39,568,888,488  39,346,570,925  222,317,563 

0.56%

4/1/2022  39,537,785,517  39,321,048,991  216,736,526 

0.55%

3/31/2022  39,546,756,728  39,332,124,458  214,632,270 

0.54%

3/30/2022  39,553,478,299  39,341,037,597  212,440,702 

0.54%

3/29/2022  39,551,042,890  39,340,749,517  210,293,373 

0.53%

3/28/2022  39,549,946,862  39,341,820,830  208,126,032 

0.53%

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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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