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Movement In Reserves

FX Structure | FX Mgt Before Now. | FX Mkt | Debt Conversion | Exchange Rate Policy | Movement in Reserves | International Payments | Reserve Management

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 %
4/18/2019  44,740,594,631  43,724,838,384  1,015,756,248 

2.27%

4/17/2019  44,736,751,009  43,719,164,492  1,017,586,517 

2.27%

4/16/2019  44,735,785,090  43,716,387,432  1,019,397,658 

2.28%

4/15/2019  44,736,779,836  43,715,359,655  1,021,420,181 

2.28%

4/12/2019  44,728,029,781  43,700,673,621  1,027,356,160 

2.30%

4/11/2019  44,721,689,977  43,692,171,377  1,029,518,600 

2.30%

4/10/2019  44,710,347,545  43,678,667,215  1,031,680,330 

2.31%

4/9/2019  44,702,407,696  43,668,587,354  1,033,820,342 

2.31%

4/8/2019  44,687,900,776  43,651,223,337  1,036,677,438 

2.32%

4/5/2019  44,678,750,645  43,634,497,416  1,044,253,230 

2.34%

4/4/2019  44,682,645,350  43,635,933,667  1,046,711,682 

2.34%

4/3/2019  44,682,918,720  43,634,291,179  1,048,627,541 

2.35%

4/2/2019  44,648,417,181  43,597,760,032  1,050,657,149 

2.35%

4/1/2019  44,608,044,246  43,555,353,559  1,052,690,687 

2.36%

3/29/2019  44,428,102,947  43,368,506,911  1,059,596,037 

2.38%

3/28/2019  44,341,627,010  43,279,604,534  1,062,022,476 

2.40%

3/27/2019  44,245,864,885  43,181,352,623  1,064,512,262 

2.41%

3/26/2019  44,143,006,292  43,076,156,730  1,066,849,563 

2.42%

3/25/2019  44,040,074,764  42,970,937,676  1,069,137,088 

2.43%

3/22/2019  43,729,659,507  42,653,709,713  1,075,949,794 

2.46%

3/21/2019  43,619,456,803  42,541,375,965  1,078,080,838 

2.47%

3/20/2019  43,507,520,972  42,429,431,195  1,078,089,777 

2.48%

3/19/2019  43,410,836,201  42,332,656,362  1,078,179,839 

2.48%

3/18/2019  43,317,340,520  42,239,301,351  1,078,039,169 

2.49%

3/15/2019  43,050,847,296  41,973,495,363  1,077,351,933 

2.50%

3/14/2019  42,987,262,844  41,909,131,962  1,078,130,882 

2.51%

3/13/2019  42,928,009,054  41,849,785,505  1,078,223,550 

2.51%

3/12/2019  42,871,040,349  41,792,939,441  1,078,100,908 

2.51%

3/11/2019  42,818,708,214  41,742,710,811  1,075,997,403 

2.51%

3/8/2019  42,663,018,278  41,593,445,795  1,069,572,483 

2.51%

3/7/2019  42,606,655,471  41,538,892,982  1,067,762,489 

2.51%

[1/9]

 

Facts : 7/1/1959
BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government.
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