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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 %
6/4/2020  36,563,332,886  35,966,649,423  596,683,462 

1.63%

6/3/2020  36,577,904,251  35,981,363,287  596,540,963 

1.63%

6/1/2020  36,572,256,995  35,975,946,299  596,310,695 

1.63%

5/29/2020  36,594,997,047  35,999,026,489  595,970,558 

1.63%

5/28/2020  36,499,029,025  35,903,189,891  595,839,134 

1.63%

5/27/2020  36,401,948,834  35,806,196,330  595,752,504 

1.64%

5/22/2020  35,866,951,270  35,270,105,116  596,846,154 

1.66%

5/21/2020  35,765,372,648  35,168,172,790  597,199,858 

1.67%

5/20/2020  35,666,581,813  35,069,003,966  597,577,847 

1.68%

5/19/2020  35,573,393,108  34,975,457,462  597,935,646 

1.68%

5/18/2020  35,473,058,190  34,874,888,004  598,170,186 

1.69%

5/15/2020  35,151,663,460  34,553,522,034  598,141,427 

1.70%

5/14/2020  35,034,422,700  34,436,243,229  598,179,471 

1.71%

5/13/2020  34,911,555,095  34,313,278,616  598,276,479 

1.71%

5/12/2020  34,784,255,152  34,184,658,953  599,596,198 

1.72%

5/11/2020  34,657,290,303  34,056,370,481  600,919,823 

1.73%

5/8/2020  34,299,209,974  33,694,295,609  604,914,365 

1.76%

5/7/2020  34,186,894,019  33,580,648,540  606,245,479 

1.77%

5/6/2020  34,085,231,107  33,477,633,286  607,597,822 

1.78%

5/5/2020  33,986,989,141  33,377,593,914  609,395,227 

1.79%

5/4/2020  33,892,492,280  33,281,363,682  611,128,599 

1.80%

4/30/2020  33,520,904,271  32,902,792,980  618,111,290 

1.84%

4/29/2020  33,427,963,220  32,807,966,249  619,996,971 

1.85%

4/28/2020  33,442,983,004  32,821,063,342  621,919,662 

1.86%

4/27/2020  33,463,465,788  32,839,338,762  624,127,026 

1.87%

4/24/2020  33,542,618,521  32,913,048,910  629,569,611 

1.88%

4/23/2020  33,581,181,419  32,950,246,552  630,934,867 

1.88%

4/22/2020  33,625,767,696  32,993,379,860  632,387,836 

1.88%

4/21/2020  33,661,380,054  33,027,539,092  633,840,962 

1.88%

4/20/2020  33,690,084,291  33,054,761,112  635,323,179 

1.89%

4/17/2020  33,792,228,395  33,152,292,673  639,935,722 

1.89%

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Facts : 1/1/1965
Central Bank of Nigeria, Ibadan Branch:In the year 1965, The Central Bank of Nigeria,Ibadan Branch was opened for business.It was the third Central Bank office that was established and it brought to 4, the number of Central Bank offices in Nigeria at that time.
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