International Operations

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:    
Date Gross Liquid Blocked %
1/16/2013  44,875,004,566  43,583,829,323  1,291,175,243 

2.88%

1/15/2013  44,817,701,650  43,530,204,318  1,287,497,331 

2.87%

1/14/2013  44,757,931,282  43,474,189,957  1,283,741,325 

2.87%

1/11/2013  44,693,626,804  43,421,238,887  1,272,387,917 

2.85%

1/10/2013  44,678,462,979  43,409,856,032  1,268,606,947 

2.84%

1/9/2013  44,666,114,180  43,399,944,312  1,266,169,869 

2.83%

1/8/2013  44,653,346,148  43,389,605,609  1,263,740,539 

2.83%

1/7/2013  44,612,355,686  43,351,018,412  1,261,337,274 

2.83%

1/4/2013  44,497,549,844  43,242,035,496  1,255,514,348 

2.82%

1/3/2013  44,379,241,615  43,125,502,662  1,253,738,953 

2.83%

1/2/2013  44,337,483,929  43,085,512,882  1,251,971,047 

2.82%

12/28/2012  44,178,395,481  42,933,101,649  1,245,293,832 

2.87%

12/24/2012  44,256,971,167  43,014,342,738  1,242,628,429 

2.81%

12/21/2012  44,339,951,123  43,098,525,265  1,241,425,859 

2.80%

12/20/2012  44,383,528,924  43,142,477,788  1,241,051,137 

2.80%

12/19/2012  44,421,420,380  43,179,115,959  1,242,304,421 

2.80%

12/18/2012  44,453,649,961  43,210,156,742  1,243,493,219 

2.80%

12/17/2012  44,465,216,541  43,220,407,541  1,244,809,000 

2.80%

12/14/2012  44,509,377,270  43,259,037,289  1,250,339,982 

2.81%

12/13/2012  44,529,997,371  43,277,638,537  1,252,358,835 

2.81%

12/12/2012  44,549,118,054  43,294,698,499  1,254,419,555 

2.82%

12/11/2012  44,567,874,243  43,311,398,967  1,256,475,276 

2.82%

12/10/2012  44,583,485,077  43,326,228,832  1,257,256,245 

2.82%

12/7/2012  44,644,748,542  43,385,099,255  1,259,649,287 

2.82%

12/6/2012  44,640,622,010  43,380,160,897  1,260,461,112 

2.82%

12/5/2012  44,545,293,368  43,284,127,424  1,261,165,944 

2.83%

12/4/2012  44,533,702,910  43,271,908,553  1,261,794,358 

2.83%

12/3/2012  44,516,134,072  43,253,731,436  1,262,402,725 

2.84%

11/30/2012  44,467,501,581  43,203,076,419  1,264,425,162 

2.84%

11/29/2012  44,454,450,567  43,189,165,445  1,265,285,122 

2.85%

11/28/2012  44,386,394,458  43,120,360,728  1,266,033,730 

2.85%

[1/9]

 

Frequently Asked Questions in this purview

Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
See All: Facts | Events

Related Links
Forex Market
Forex Structure
Forex Management
International Payments