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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 %
5/16/2019  45,004,529,060  44,002,912,970  1,001,616,090 

2.23%

5/15/2019  44,982,377,666  43,979,572,558  1,002,805,107 

2.23%

5/14/2019  44,959,618,290  43,955,741,089  1,003,877,202 

2.23%

5/10/2019  44,875,393,168  43,866,376,812  1,009,016,356 

2.25%

5/9/2019  44,853,398,815  43,843,030,826  1,010,367,989 

2.25%

5/8/2019  44,843,629,529  43,832,635,997  1,010,993,533 

2.25%

5/7/2019  44,837,320,096  43,825,680,816  1,011,639,281 

2.26%

5/6/2019  44,813,226,104  43,800,497,802  1,012,728,302 

2.26%

5/3/2019  44,803,156,630  43,787,436,316  1,015,720,314 

2.27%

5/2/2019  44,792,305,640  43,775,698,421  1,016,607,219 

2.27%

4/30/2019  44,792,699,905  43,776,393,768  1,016,306,137 

2.27%

4/29/2019  44,802,693,928  43,786,915,880  1,015,778,048 

2.27%

4/26/2019  44,792,822,848  43,778,230,091  1,014,592,757 

2.27%

4/25/2019  44,787,974,016  43,773,667,565  1,014,306,450 

2.26%

4/24/2019  44,777,453,767  43,763,435,606  1,014,018,161 

2.26%

4/23/2019  44,762,234,878  43,748,526,346  1,013,708,532 

2.26%

4/18/2019  44,740,594,631  43,724,838,384  1,015,756,248 

2.27%

4/17/2019  44,736,751,009  43,719,164,492  1,017,586,517 

2.27%

4/16/2019  44,735,785,090  43,716,387,432  1,019,397,658 

2.28%

4/15/2019  44,736,779,836  43,715,359,655  1,021,420,181 

2.28%

4/12/2019  44,728,029,781  43,700,673,621  1,027,356,160 

2.30%

4/11/2019  44,721,689,977  43,692,171,377  1,029,518,600 

2.30%

4/10/2019  44,710,347,545  43,678,667,215  1,031,680,330 

2.31%

4/9/2019  44,702,407,696  43,668,587,354  1,033,820,342 

2.31%

4/8/2019  44,687,900,776  43,651,223,337  1,036,677,438 

2.32%

4/5/2019  44,678,750,645  43,634,497,416  1,044,253,230 

2.34%

4/4/2019  44,682,645,350  43,635,933,667  1,046,711,682 

2.34%

4/3/2019  44,682,918,720  43,634,291,179  1,048,627,541 

2.35%

4/2/2019  44,648,417,181  43,597,760,032  1,050,657,149 

2.35%

4/1/2019  44,608,044,246  43,555,353,559  1,052,690,687 

2.36%

3/29/2019  44,428,102,947  43,368,506,911  1,059,596,037 

2.38%

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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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