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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 %
8/24/2020  35,644,668,378  35,076,052,062  568,616,316 

1.60%

8/21/2020  35,606,802,375  35,040,854,557  565,947,818 

1.59%

8/20/2020  35,597,596,206  35,033,078,716  564,517,490 

1.59%

8/19/2020  35,598,724,370  35,035,690,261  563,034,109 

1.58%

8/18/2020  35,601,556,051  35,040,027,343  561,528,708 

1.58%

8/17/2020  35,608,545,422  35,047,504,238  561,041,183 

1.58%

8/14/2020  35,619,089,720  35,060,680,318  558,409,402 

1.57%

8/13/2020  35,623,465,520  35,065,989,492  557,476,028 

1.56%

8/12/2020  35,630,111,626  35,073,774,667  556,336,959 

1.56%

8/11/2020  35,625,477,471  35,070,091,325  555,386,146 

1.56%

8/10/2020  35,619,162,874  35,064,725,167  554,437,707 

1.56%

8/7/2020  35,655,499,321  35,103,900,531  551,598,790 

1.55%

8/6/2020  35,678,722,706  35,128,083,017  550,639,688 

1.54%

8/5/2020  35,705,757,148  35,155,798,311  549,958,837 

1.54%

8/4/2020  35,736,424,895  35,187,150,247  549,274,648 

1.54%

8/3/2020  35,764,434,367  35,215,840,826  548,593,540 

1.53%

7/29/2020  35,877,636,050  35,330,004,609  547,631,440 

1.53%

7/28/2020  35,899,123,278  35,350,906,486  548,216,792 

1.53%

7/27/2020  35,915,157,957  35,366,365,362  548,792,595 

1.53%

7/24/2020  35,975,017,841  35,423,947,254  551,070,587 

1.53%

7/23/2020  35,996,463,820  35,444,326,682  552,137,139 

1.53%

7/22/2020  36,017,606,135  35,464,445,649  553,160,486 

1.54%

7/21/2020  36,035,158,893  35,480,340,628  554,818,265 

1.54%

7/20/2020  36,048,479,956  35,491,970,881  556,509,075 

1.54%

7/17/2020  36,083,154,413  35,521,599,449  561,554,964 

1.56%

7/16/2020  36,101,964,196  35,538,703,756  563,260,439 

1.56%

7/15/2020  36,118,208,057  35,553,216,231  564,991,826 

1.56%

7/14/2020  36,124,120,229  35,557,322,631  566,797,598 

1.57%

7/13/2020  36,128,306,802  35,559,572,953  568,733,849 

1.57%

7/10/2020  36,131,988,308  35,557,977,771  574,010,537 

1.59%

7/9/2020  36,133,858,646  35,558,079,941  575,778,706 

1.59%

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Facts : 9/23/1975
Mallam Adamu Ciroma:Mallam Adamu Ciroma was appointed the third Nigerian Governor of the Central Bank of Nigeria, from September 23rd, 1975 to June 27th, 1977. He later served as the Minister of Finance in the first Obasanjo democratic administration
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