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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 %
8/18/2022  38,907,939,219  38,398,223,605  509,715,614 

1.31%
8/17/2022  38,906,607,962  38,412,196,660  494,411,302 

1.27%
8/16/2022  38,894,018,498  38,414,995,333  479,023,165 

1.23%
8/15/2022  38,896,638,536  38,433,083,142  463,555,394 

1.19%
8/12/2022  38,884,254,645  38,457,712,211  426,542,433 

1.10%
8/11/2022  38,881,774,437  38,467,653,880  414,120,557 

1.07%
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%
[1/9]

 

Facts : 1/1/1900
International Monetary Fund:The International Monetary Fund was established in 1945 to promote the health of the world economy with 29 countries sigining the Articles of Agreement. Nigeria joined the IMF in 1961,which now has 184 members with its headquarters in Washington D.C., USA.
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