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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 %
5/22/2019  45,073,967,818  44,093,934,191  980,033,627 

2.17%

5/21/2019  45,068,431,080  44,075,828,531  992,602,549 

2.20%

5/20/2019  45,060,647,717  44,064,034,340  996,613,378 

2.21%

5/17/2019  45,023,930,549  44,023,563,931  1,000,366,618 

2.22%

5/16/2019  45,004,529,060  44,002,912,970  1,001,616,090 

2.23%

5/15/2019  44,982,377,666  43,979,572,558  1,002,805,107 

2.23%

5/14/2019  44,959,618,290  43,955,741,089  1,003,877,202 

2.23%

5/10/2019  44,875,393,168  43,866,376,812  1,009,016,356 

2.25%

5/9/2019  44,853,398,815  43,843,030,826  1,010,367,989 

2.25%

5/8/2019  44,843,629,529  43,832,635,997  1,010,993,533 

2.25%

5/7/2019  44,837,320,096  43,825,680,816  1,011,639,281 

2.26%

5/6/2019  44,813,226,104  43,800,497,802  1,012,728,302 

2.26%

5/3/2019  44,803,156,630  43,787,436,316  1,015,720,314 

2.27%

5/2/2019  44,792,305,640  43,775,698,421  1,016,607,219 

2.27%

4/30/2019  44,792,699,905  43,776,393,768  1,016,306,137 

2.27%

4/29/2019  44,802,693,928  43,786,915,880  1,015,778,048 

2.27%

4/26/2019  44,792,822,848  43,778,230,091  1,014,592,757 

2.27%

4/25/2019  44,787,974,016  43,773,667,565  1,014,306,450 

2.26%

4/24/2019  44,777,453,767  43,763,435,606  1,014,018,161 

2.26%

4/23/2019  44,762,234,878  43,748,526,346  1,013,708,532 

2.26%

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%

[1/9]

 

Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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