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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:    
Date Gross Liquid Blocked %
12/5/2018  42,485,909,322  41,784,792,799  701,116,523 

1.65%

12/4/2018  42,406,342,410  41,712,045,266  694,297,144 

1.64%

12/3/2018  42,331,337,526  41,642,683,606  688,653,920 

1.63%

11/30/2018  42,167,181,452  41,483,846,264  683,335,189 

1.62%

11/29/2018  42,076,622,655  41,393,104,696  683,517,959 

1.62%

11/28/2018  41,992,014,765  41,308,277,148  683,737,617 

1.63%

11/27/2018  41,909,779,996  41,225,550,733  684,229,263 

1.63%

11/26/2018  41,829,552,421  41,142,805,060  686,747,361 

1.64%

11/23/2018  41,599,135,527  40,905,126,339  694,009,188 

1.67%

11/22/2018  41,523,249,351  40,826,903,822  696,345,528 

1.68%

11/21/2018  41,533,670,829  40,835,102,557  698,568,273 

1.68%

11/19/2018  41,559,439,607  40,856,531,822  702,907,785 

1.69%

11/16/2018  41,604,453,293  40,895,357,458  709,095,836 

1.70%

11/15/2018  41,620,539,475  40,909,274,506  711,264,969 

1.71%

11/14/2018  41,644,458,678  40,930,748,601  713,710,077 

1.71%

11/13/2018  41,666,511,222  40,950,333,361  716,177,861 

1.72%

11/12/2018  41,691,426,160  40,972,646,846  718,779,314 

1.72%

11/9/2018  41,735,914,564  41,009,209,005  726,705,559 

1.74%

11/8/2018  41,756,643,938  41,027,329,075  729,314,864 

1.75%

11/7/2018  41,771,829,460  41,039,891,584  731,937,875 

1.75%

11/6/2018  41,791,116,917  41,056,968,668  734,148,249 

1.76%

11/5/2018  41,824,609,063  41,088,143,432  736,465,631 

1.76%

11/2/2018  41,911,280,904  41,167,901,260  743,379,644 

1.77%

11/1/2018  41,946,702,284  41,201,046,068  745,656,217 

1.78%

10/31/2018  41,995,242,740  41,247,303,619  747,939,122 

1.78%

10/30/2018  42,061,942,045  41,311,506,914  750,435,131 

1.78%

10/29/2018  42,128,219,116  41,375,311,768  752,907,347 

1.79%

10/26/2018  42,281,967,458  41,526,187,607  755,779,850 

1.79%

10/25/2018  42,343,454,924  41,587,386,951  756,067,973 

1.79%

10/24/2018  42,405,862,754  41,649,472,148  756,390,606 

1.78%

10/23/2018  42,462,419,960  41,705,628,391  756,791,569 

1.78%

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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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