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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 %
9/21/2020  35,796,657,705  35,241,004,203  555,653,502 

1.55%

9/18/2020  35,814,868,103  35,239,243,136  575,624,968 

1.61%

9/17/2020  35,811,967,014  35,229,649,445  582,317,569 

1.63%

9/16/2020  35,805,216,819  35,217,385,556  587,831,263 

1.64%

9/15/2020  35,798,697,916  35,211,655,984  587,041,932 

1.64%

9/14/2020  35,794,953,561  35,208,805,411  586,148,149 

1.64%

9/11/2020  35,765,700,040  35,182,104,559  583,595,481 

1.63%

9/10/2020  35,771,621,673  35,188,771,624  582,850,049 

1.63%

9/9/2020  35,780,203,755  35,198,085,053  582,118,703 

1.63%

9/8/2020  35,788,303,388  35,206,883,369  581,420,019 

1.62%

9/7/2020  35,767,823,354  35,187,088,961  580,734,393 

1.62%

9/4/2020  35,703,788,193  35,125,387,905  578,400,289 

1.62%

9/3/2020  35,682,813,318  35,105,054,408  577,758,910 

1.62%

9/2/2020  35,666,093,077  35,088,859,745  577,233,331 

1.62%

9/1/2020  35,671,063,784  35,094,399,398  576,664,386 

1.62%

8/31/2020  35,671,263,211  35,095,674,230  575,588,981 

1.61%

8/28/2020  35,665,293,090  35,092,901,292  572,391,798 

1.60%

8/27/2020  35,662,718,136  35,091,391,191  571,326,944 

1.60%

8/26/2020  35,660,106,406  35,089,668,567  570,437,839 

1.60%

8/25/2020  35,650,667,349  35,081,119,157  569,548,193 

1.60%

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%

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Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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