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FX Structure |FX Mgt Before Now. | FX Mkt | Debt Conversion | Exch. 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 %
4/13/2012  36,087,494,507  34,653,013,057  1,434,481,450 

3.98%

4/12/2012  36,048,849,506  34,613,620,983  1,435,228,523 

3.99%

4/11/2012  36,008,626,785  34,572,548,590  1,436,078,195 

3.99%

4/10/2012  35,969,437,141  34,532,456,497  1,436,980,644 

4.00%

4/5/2012  35,836,544,099  34,394,416,247  1,442,127,852 

4.03%

4/4/2012  35,822,362,444  34,379,579,400  1,442,783,045 

4.03%

4/3/2012  35,801,180,292  34,358,068,788  1,443,111,504 

4.04%

4/2/2012  35,750,218,582  34,306,873,501  1,443,345,081 

4.04%

3/30/2012  35,600,868,230  34,165,129,478  1,435,738,752 

4.04%

3/29/2012  35,556,213,831  34,122,680,824  1,433,533,006 

4.04%

3/28/2012  35,514,760,239  34,083,327,216  1,431,433,022 

4.04%

3/27/2012  35,469,632,970  34,040,399,694  1,429,233,276 

4.03%

3/26/2012  35,420,743,903  33,993,689,382  1,427,054,521 

4.03%

3/23/2012  35,276,143,484  33,855,299,261  1,420,844,224 

4.03%

3/22/2012  35,233,362,783  33,814,478,793  1,418,883,990 

4.03%

3/21/2012  35,188,797,060  33,771,981,537  1,416,815,523 

4.03%

3/20/2012  35,136,751,849  33,722,840,438  1,413,911,411 

4.03%

3/19/2012  35,076,730,045  33,665,717,500  1,411,012,545 

4.03%

3/16/2012  34,880,586,554  33,477,752,639  1,402,833,915 

4.03%

3/15/2012  34,809,178,315  33,408,910,172  1,400,268,143 

4.03%

3/14/2012  34,777,958,176  33,380,024,624  1,397,933,553 

4.02%

3/13/2012  34,747,636,902  33,352,204,010  1,395,432,892 

4.02%

3/12/2012  34,748,914,692  33,355,955,948  1,392,958,744 

4.01%

3/9/2012  34,685,357,699  33,300,206,830  1,385,150,869 

4.00%

3/8/2012  34,682,292,250  33,299,740,099  1,382,552,151 

3.99%

3/7/2012  34,672,581,901  33,292,914,963  1,379,666,938 

3.98%

3/6/2012  34,659,371,422  33,282,332,125  1,377,039,297 

3.98%

3/5/2012  34,639,107,274  33,264,398,304  1,374,708,970 

3.97%

3/2/2012  34,699,496,146  33,329,399,241  1,370,096,905 

3.95%

3/1/2012  34,705,105,228  33,334,659,117  1,370,446,111 

3.95%

2/29/2012  34,718,639,967  33,347,722,112  1,370,917,855 

3.95%

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Frequently Asked Questions in this purview

Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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