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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 %
7/12/2019  45,113,902,306  44,480,629,745  633,272,561 

1.40%

7/11/2019  45,120,928,010  44,486,161,152  634,766,859 

1.41%

7/10/2019  45,126,638,521  44,490,440,081  636,198,440 

1.41%

7/9/2019  45,134,511,891  44,496,948,971  637,562,920 

1.41%

7/8/2019  45,140,134,714  44,501,991,729  638,142,985 

1.41%

7/5/2019  45,149,641,258  44,510,178,614  639,462,644 

1.42%

7/4/2019  45,114,747,378  44,475,506,340  639,241,038 

1.42%

7/3/2019  45,077,137,067  44,438,057,699  639,079,367 

1.42%

7/2/2019  45,038,946,267  44,400,028,995  638,917,272 

1.42%

7/1/2019  45,046,195,309  44,407,343,345  638,851,964 

1.42%

6/28/2019  45,069,454,868  44,433,894,024  635,560,844 

1.41%

6/27/2019  45,071,288,244  44,435,525,338  635,762,907 

1.41%

6/26/2019  45,074,473,893  44,438,549,149  635,924,744 

1.41%

6/25/2019  45,084,256,972  44,448,084,771  636,172,201 

1.41%

6/24/2019  45,089,532,150  44,453,260,925  636,271,225 

1.41%

6/21/2019  45,086,156,781  44,450,142,557  636,014,224 

1.41%

6/20/2019  45,087,550,533  44,451,689,182  635,861,351 

1.41%

6/19/2019  45,095,913,640  44,451,758,638  644,155,001 

1.43%

6/18/2019  45,106,811,344  44,451,686,588  655,124,756 

1.45%

6/17/2019  45,118,916,437  44,452,747,710  666,168,728 

1.48%

6/14/2019  45,152,889,154  44,453,303,580  699,585,574 

1.55%

6/13/2019  45,162,872,749  44,452,066,229  710,806,521 

1.57%

6/11/2019  45,173,096,613  44,439,654,815  733,441,799 

1.62%

6/10/2019  45,175,227,549  44,430,456,351  744,771,198 

1.65%

6/7/2019  45,160,156,925  44,380,463,489  779,693,437 

1.73%

6/6/2019  45,143,432,871  44,351,941,449  791,491,422 

1.75%

6/3/2019  45,139,007,993  44,310,609,135  828,398,859 

1.84%

5/31/2019  45,122,817,866  44,255,758,050  867,059,816 

1.92%

5/30/2019  45,109,392,760  44,228,724,374  880,668,387 

1.95%

5/28/2019  45,086,846,532  44,180,464,012  906,382,520 

2.01%

5/27/2019  45,087,820,758  44,169,354,434  918,466,325 

2.04%

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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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