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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 %
7/10/2024  35,179,422,568  34,272,774,740  906,647,827 

2.58%

7/9/2024  35,134,058,179  34,226,307,246  907,750,933 

2.58%

7/8/2024  35,051,009,416  34,142,672,991  908,336,424 

2.59%

7/5/2024  34,770,768,329  33,859,512,537  911,255,793 

2.62%

7/4/2024  34,656,734,460  33,744,555,011  912,179,449 

2.63%

7/3/2024  34,546,507,522  33,633,460,393  913,047,129 

2.64%

7/2/2024  34,432,047,080  33,517,877,178  914,169,902 

2.65%

7/1/2024  34,340,719,251  33,425,467,274  915,251,977 

2.67%

6/28/2024  34,191,523,806  33,274,390,120  917,133,686 

2.68%

6/27/2024  34,143,615,899  33,225,831,055  917,784,844 

2.69%

6/26/2024  34,072,713,855  33,154,410,663  918,303,192 

2.70%

6/25/2024  33,998,818,343  33,079,965,415  918,852,927 

2.70%

6/24/2024  33,913,193,054  32,993,981,808  919,211,246 

2.71%

6/21/2024  33,701,142,507  32,780,778,090  920,364,418 

2.73%

6/20/2024  33,640,904,348  32,720,174,319  920,730,029 

2.74%

6/19/2024  33,578,312,491  32,657,252,872  921,059,620 

2.74%

6/14/2024  33,342,929,812  32,421,002,328  921,927,484 

2.76%

6/13/2024  33,303,578,417  32,381,247,226  922,331,192 

2.77%

6/11/2024  33,159,898,033  32,237,116,483  922,781,550 

2.78%

6/10/2024  33,081,864,484  32,158,923,868  922,940,616 

2.79%

6/7/2024  32,886,130,593  31,964,311,460  921,819,133 

2.80%

6/6/2024  32,804,576,028  31,883,989,988  920,586,040 

2.81%

6/5/2024  32,794,677,027  31,875,740,677  918,936,351 

2.80%

6/4/2024  32,775,745,238  31,858,115,588  917,629,650 

2.80%

6/3/2024  32,748,796,254  31,832,093,533  916,702,721 

2.80%

5/31/2024  32,694,681,787  31,782,146,052  912,535,735 

2.79%

5/30/2024  32,695,298,560  31,784,020,273  911,278,288 

2.79%

5/29/2024  32,690,416,635  31,780,478,148  909,938,486 

2.78%

5/28/2024  32,678,097,183  31,769,095,482  909,001,701 

2.78%

5/27/2024  32,694,097,537  31,786,189,334  907,908,202 

2.78%

5/24/2024  32,734,412,991  31,829,431,499  904,981,493 

2.76%

[1/9]

 

Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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