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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 %
2/21/2019  42,580,208,959  41,530,804,325  1,049,404,634 

2.46%

2/20/2019  42,628,474,610  41,580,151,602  1,048,323,009 

2.46%

2/19/2019  42,689,327,861  41,641,942,367  1,047,385,494 

2.45%

2/18/2019  42,736,190,991  41,689,643,126  1,046,547,866 

2.45%

2/15/2019  42,837,649,792  41,793,691,854  1,043,957,937 

2.44%

2/14/2019  42,860,877,994  41,817,775,435  1,043,102,558 

2.43%

2/13/2019  42,877,975,865  41,835,856,153  1,042,119,712 

2.43%

2/12/2019  42,891,298,587  41,851,197,034  1,040,101,553 

2.42%

2/11/2019  42,908,261,474  41,869,431,180  1,038,830,294 

2.42%

2/8/2019  42,948,944,130  41,910,385,071  1,038,559,060 

2.42%

2/7/2019  42,970,241,625  41,931,521,396  1,038,720,229 

2.42%

2/6/2019  42,991,525,811  41,952,921,509  1,038,604,301 

2.42%

2/5/2019  43,020,589,778  41,982,947,858  1,037,641,920 

2.41%

2/4/2019  43,041,597,826  42,005,075,251  1,036,522,575 

2.41%

2/1/2019  43,170,076,572  42,137,765,883  1,032,310,689 

2.39%

1/31/2019  43,174,283,435  42,142,255,818  1,032,027,617 

2.39%

1/30/2019  43,176,061,147  42,144,287,558  1,031,773,589 

2.39%

1/29/2019  43,174,902,414  42,143,334,976  1,031,567,438 

2.39%

1/28/2019  43,165,494,607  42,133,996,064  1,031,498,543 

2.39%

1/25/2019  43,111,461,239  42,079,673,897  1,031,787,342 

2.39%

1/24/2019  43,114,926,854  42,082,938,009  1,031,988,845 

2.39%

1/23/2019  43,118,709,398  42,086,515,455  1,032,193,943 

2.39%

1/22/2019  43,121,295,121  42,088,988,604  1,032,306,517 

2.39%

1/21/2019  43,129,624,082  42,097,296,517  1,032,327,565 

2.39%

1/18/2019  43,113,423,494  42,081,166,295  1,032,257,199 

2.39%

1/17/2019  43,101,134,685  42,069,136,351  1,031,998,334 

2.39%

1/16/2019  43,107,574,689  42,075,843,188  1,031,731,501 

2.39%

1/15/2019  43,100,152,685  42,068,699,230  1,031,453,455 

2.39%

1/14/2019  43,102,626,863  42,071,260,263  1,031,366,600 

2.39%

1/11/2019  43,058,564,546  42,027,530,751  1,031,033,794 

2.39%

1/10/2019  43,052,128,708  42,021,159,748  1,030,968,961 

2.39%

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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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