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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 %
8/21/2019  44,129,215,032  43,553,219,808  575,995,224 

1.31%

8/20/2019  44,186,115,075  43,611,044,554  575,070,521 

1.30%

8/19/2019  44,248,030,960  43,673,087,643  574,943,317 

1.30%

8/16/2019  44,385,359,431  43,807,892,644  577,466,787 

1.30%

8/15/2019  44,425,423,488  43,847,128,944  578,294,543 

1.30%

8/14/2019  44,455,366,080  43,876,167,013  579,199,067 

1.30%

8/9/2019  44,617,064,803  44,033,874,317  583,190,486 

1.31%

8/8/2019  44,657,953,013  44,073,919,196  584,033,816 

1.31%

8/7/2019  44,693,166,679  44,107,910,554  585,256,125 

1.31%

8/6/2019  44,722,512,049  44,135,840,264  586,671,784 

1.31%

8/5/2019  44,756,448,119  44,168,527,508  587,920,611 

1.31%

8/2/2019  44,847,431,157  44,255,664,210  591,766,947 

1.32%

8/1/2019  44,878,593,077  44,285,607,689  592,985,388 

1.32%

7/31/2019  44,903,031,404  44,308,903,448  594,127,956 

1.32%

7/30/2019  44,923,322,845  44,326,973,201  596,349,644 

1.33%

7/29/2019  44,942,817,011  44,344,258,665  598,558,346 

1.33%

7/26/2019  44,992,671,894  44,387,711,256  604,960,638 

1.34%

7/25/2019  45,009,054,399  44,402,199,781  606,854,619 

1.35%

7/24/2019  45,028,668,308  44,419,251,920  609,416,388 

1.35%

7/23/2019  45,043,776,140  44,431,610,119  612,166,022 

1.36%

7/22/2019  45,061,568,062  44,446,696,729  614,871,333 

1.36%

7/19/2019  45,086,668,966  44,465,592,732  621,076,234 

1.38%

7/17/2019  45,094,126,112  44,469,230,492  624,895,620 

1.39%

7/16/2019  45,099,837,274  44,473,140,815  626,696,459 

1.39%

7/15/2019  45,109,912,941  44,481,426,790  628,486,150 

1.39%

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%

[1/9]

 

Facts : 1/1/1900
London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements.
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