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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 %
11/28/2017  34,673,806,308  33,969,002,488  704,803,820 

2.03%
11/27/2017  34,633,123,471  33,928,240,881  704,882,590 

2.04%
11/24/2017  34,529,194,967  33,824,088,092  705,106,875 

2.04%
11/23/2017  34,491,200,036  33,786,013,540  705,186,496 

2.04%
11/22/2017  34,457,842,787  33,752,624,774  705,218,013 

2.05%
11/21/2017  34,429,914,922  33,725,188,084  704,726,838 

2.05%
11/20/2017  34,414,306,284  33,710,370,486  703,935,797 

2.05%
11/17/2017  34,374,108,373  33,672,558,666  701,549,708 

2.04%
11/16/2017  34,356,468,043  33,655,579,539  700,888,504 

2.04%
11/15/2017  34,329,781,617  33,629,505,314  700,276,303 

2.04%
11/14/2017  34,306,076,689  33,606,442,316  699,634,373 

2.04%
11/13/2017  34,271,851,810  33,572,603,883  699,247,927 

2.04%
11/10/2017  34,160,455,925  33,462,271,009  698,184,915 

2.04%
11/9/2017  34,122,826,483  33,425,074,482  697,752,001 

2.04%
11/8/2017  34,073,420,886  33,376,121,360  697,299,526 

2.05%
11/7/2017  34,029,633,900  33,332,766,642  696,867,258 

2.05%
11/6/2017  34,009,141,214  33,312,782,805  696,358,408 

2.05%
11/3/2017  33,931,281,790  33,236,488,981  694,792,810 

2.05%
11/2/2017  33,898,980,789  33,204,637,342  694,343,447 

2.05%
11/1/2017  33,862,879,437  33,168,581,658  694,297,779 

2.05%
10/31/2017  33,825,011,432  33,130,725,185  694,286,248 

2.05%
10/30/2017  33,786,150,815  33,092,099,394  694,051,421 

2.05%
10/27/2017  33,689,852,806  32,996,644,025  693,208,781 

2.06%
10/26/2017  33,656,087,483  32,963,162,706  692,924,777 

2.06%
10/25/2017  33,617,817,699  32,925,107,364  692,710,334 

2.06%
10/24/2017  33,583,034,452  32,890,535,608  692,498,844 

2.06%
10/23/2017  33,546,666,143  32,854,285,931  692,380,212 

2.06%
10/20/2017  33,407,502,574  32,713,165,528  694,337,047 

2.08%
10/19/2017  33,357,519,451  32,662,341,721  695,177,730 

2.08%
10/18/2017  33,306,005,615  32,610,057,091  695,948,524 

2.09%
10/17/2017  33,254,861,223  32,558,251,246  696,609,977 

2.09%
[1/9]

 

Facts : 1/1/1900
BOFIA:In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria.
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