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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 %
7/12/2018  47,663,909,039  46,925,123,193  738,785,846 

1.55%

7/11/2018  47,697,265,383  46,958,944,355  738,321,028 

1.55%

7/10/2018  47,728,612,008  46,990,514,488  738,097,520 

1.55%

7/9/2018  47,749,218,711  47,011,698,964  737,519,747 

1.54%

7/6/2018  47,792,804,699  47,057,097,734  735,706,964 

1.54%

7/5/2018  47,798,884,274  47,064,015,649  734,868,625 

1.54%

7/4/2018  47,798,617,748  47,064,232,153  734,385,595 

1.54%

7/3/2018  47,795,493,983  47,061,341,863  734,152,121 

1.54%

7/2/2018  47,798,672,376  47,064,901,185  733,771,190 

1.54%

6/29/2018  47,788,529,071  47,055,526,035  733,003,037 

1.53%

6/28/2018  47,775,590,009  47,042,874,150  732,715,859 

1.53%

6/27/2018  47,782,034,919  47,049,744,787  732,290,132 

1.53%

6/26/2018  47,790,210,493  47,058,389,820  731,820,673 

1.53%

6/25/2018  47,804,356,829  47,072,023,421  732,333,408 

1.53%

6/22/2018  47,787,183,153  47,053,206,590  733,976,563 

1.54%

6/21/2018  47,784,255,384  47,049,567,005  734,688,379 

1.54%

6/20/2018  47,781,789,297  47,046,316,890  735,472,407 

1.54%

6/19/2018  47,774,904,038  47,039,147,400  735,756,639 

1.54%

6/14/2018  47,655,078,327  46,920,746,932  734,331,395 

1.54%

6/13/2018  47,627,340,654  46,893,653,040  733,687,614 

1.54%

6/12/2018  47,585,290,117  46,852,191,296  733,098,820 

1.54%

6/11/2018  47,547,188,966  46,813,877,735  733,311,232 

1.54%

6/8/2018  47,437,063,993  46,702,149,956  734,914,037 

1.55%

6/7/2018  47,425,119,657  46,689,666,887  735,452,771 

1.55%

6/6/2018  47,436,780,844  46,701,134,181  735,646,663 

1.55%

6/5/2018  47,452,170,010  46,716,101,222  736,068,787 

1.55%

6/4/2018  47,472,550,210  46,736,158,281  736,391,930 

1.55%

6/1/2018  47,596,058,225  46,859,203,549  736,854,675 

1.55%

5/31/2018  47,605,290,416  46,868,210,800  737,079,616 

1.55%

5/30/2018  47,622,706,934  46,885,540,219  737,166,715 

1.55%

5/28/2018  47,655,421,062  46,917,948,445  737,472,617 

1.55%

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Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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