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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 %
9/30/2019  41,852,286,712  41,265,682,641  586,604,071 

1.40%
9/27/2019  41,992,829,532  41,403,377,972  589,451,560 

1.40%
9/26/2019  42,051,269,553  41,460,881,763  590,387,791 

1.40%
9/25/2019  42,107,718,898  41,516,696,725  591,022,173 

1.40%
9/24/2019  42,164,759,432  41,573,115,755  591,643,677 

1.40%
9/23/2019  42,224,168,068  41,631,913,809  592,254,259 

1.40%
9/20/2019  42,356,310,407  41,762,802,274  593,508,133 

1.40%
9/19/2019  42,409,528,271  41,815,665,601  593,862,670 

1.40%
9/18/2019  42,461,806,416  41,867,598,994  594,207,422 

1.40%
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%
[1/9]

 

Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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