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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 %
9/17/2019  42,516,899,253  41,923,343,445  593,555,807 

1.40%

9/16/2019  42,584,929,975  41,992,119,889  592,810,087 

1.39%

9/13/2019  42,760,729,230  42,169,665,464  591,063,766 

1.38%

9/12/2019  42,844,124,559  42,253,626,163  590,498,396 

1.38%

9/11/2019  42,905,428,307  42,315,285,516  590,142,792 

1.38%

9/10/2019  42,957,167,261  42,367,531,520  589,635,741 

1.37%

9/9/2019  43,004,251,600  42,415,234,502  589,017,098 

1.37%

9/6/2019  43,102,160,837  42,514,904,670  587,256,167 

1.36%

9/5/2019  43,144,239,727  42,557,605,355  586,634,372 

1.36%

9/4/2019  43,188,675,286  42,602,578,060  586,097,226 

1.36%

9/3/2019  43,268,080,030  42,682,623,274  585,456,756 

1.35%

9/2/2019  43,358,331,415  42,773,449,954  584,881,461 

1.35%

8/30/2019  43,607,804,398  43,025,008,111  582,796,287 

1.34%

8/29/2019  43,673,107,888  43,091,042,313  582,065,575 

1.33%

8/28/2019  43,733,034,945  43,151,658,128  581,376,817 

1.33%

8/27/2019  43,786,448,502  43,205,693,399  580,755,103 

1.33%

8/26/2019  43,843,273,594  43,262,943,734  580,329,860 

1.32%

8/23/2019  44,007,768,832  43,429,653,366  578,115,466 

1.31%

8/22/2019  44,067,439,617  43,490,404,316  577,035,301 

1.31%

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%

[1/9]

 

Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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