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Movement In Reserves

FX Structure | FX Mgt Before Now. | FX Mkt | Debt Conversion | Exchange Rate Policy | Movement in Reserves | International Payments | Reserve Management

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:   

Export to Excel Export Reserves data to Excel


Date Gross Liquid Blocked %
8/10/2022  38,882,699,607  38,481,076,543  401,623,064 

1.03%

8/9/2022  38,920,231,597  38,531,557,747  388,673,850 

1.00%

8/8/2022  38,954,333,398  38,579,702,556  374,630,843 

0.96%

8/5/2022  39,048,266,913  38,708,312,948  339,953,965 

0.87%

8/4/2022  39,085,717,042  38,756,050,902  329,666,140 

0.84%

8/3/2022  39,074,126,880  38,755,040,407  319,086,472 

0.82%

8/2/2022  39,071,993,196  38,761,900,651  310,092,545 

0.79%

8/1/2022  39,093,696,106  38,792,963,938  300,732,167 

0.77%

7/28/2022  39,219,234,946  38,955,794,473  263,440,473 

0.67%

7/27/2022  39,247,835,556  38,991,425,528  256,410,028 

0.65%

7/26/2022  39,273,634,050  39,024,121,046  249,513,004 

0.64%

7/25/2022  39,305,867,424  39,064,633,393  241,234,031 

0.61%

7/22/2022  39,388,449,915  39,147,120,631  241,329,284 

0.61%

7/19/2022  39,438,667,195  39,197,134,232  241,532,963 

0.61%

7/18/2022  39,444,541,008  39,202,975,448  241,565,560 

0.61%

7/15/2022  39,440,991,331  39,199,138,971  241,852,360 

0.61%

7/14/2022  39,430,078,763  39,188,120,137  241,958,626 

0.61%

7/13/2022  39,423,194,837  39,181,102,433  242,092,404 

0.61%

7/8/2022  39,354,641,085  39,111,516,530  243,124,555 

0.62%

7/7/2022  39,344,695,831  39,101,394,873  243,300,958 

0.62%

7/6/2022  39,335,616,148  39,091,785,278  243,830,870 

0.62%

7/5/2022  39,271,001,317  39,026,579,943  244,421,373 

0.62%

7/4/2022  39,254,022,756  39,009,055,805  244,966,951 

0.62%

7/1/2022  39,173,949,471  38,927,584,904  246,364,566 

0.63%

6/30/2022  39,155,282,548  38,908,445,376  246,837,172 

0.63%

6/29/2022  39,134,840,971  38,887,462,553  247,378,418 

0.63%

6/28/2022  39,091,790,655  38,843,820,045  247,970,611 

0.63%

6/27/2022  39,055,061,662  38,806,523,123  248,538,539 

0.64%

6/24/2022  38,925,142,422  38,674,872,618  250,269,805 

0.64%

6/23/2022  38,884,522,116  38,633,698,150  250,823,966 

0.65%

6/22/2022  38,848,476,557  38,597,081,298  251,395,260 

0.65%

[1/9]

 

Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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