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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 %
6/1/2012  37,686,391,035  36,298,569,340  1,387,821,695 

3.69%

5/31/2012  37,688,257,244  36,298,414,927  1,389,842,317 

3.69%

5/30/2012  37,682,361,994  36,290,813,774  1,391,548,219 

3.70%

5/28/2012  37,644,455,804  36,249,845,507  1,394,610,297 

3.71%

5/25/2012  37,566,199,510  36,167,460,534  1,398,738,976 

3.73%

5/24/2012  37,547,904,766  36,147,648,003  1,400,256,762 

3.73%

5/23/2012  37,516,120,377  36,114,409,147  1,401,711,230 

3.74%

5/22/2012  37,482,285,499  36,079,146,052  1,403,139,447 

3.75%

5/21/2012  37,439,170,782  36,034,598,455  1,404,572,327 

3.76%

5/18/2012  37,285,969,561  35,877,638,791  1,408,330,770 

3.78%

5/17/2012  37,223,665,352  35,814,050,282  1,409,615,070 

3.79%

5/16/2012  37,151,633,303  35,740,840,036  1,410,793,267 

3.80%

5/15/2012  37,072,040,732  35,659,929,110  1,412,111,622 

3.81%

5/14/2012  37,023,607,843  35,610,330,750  1,413,277,093 

3.82%

5/11/2012  36,892,907,379  35,478,408,155  1,414,499,224 

3.84%

5/10/2012  36,850,285,379  35,435,615,533  1,414,669,846 

3.84%

5/9/2012  36,804,250,607  35,389,060,533  1,415,190,074 

3.85%

5/8/2012  36,758,001,914  35,342,317,635  1,415,684,279 

3.86%

5/7/2012  36,705,657,293  35,289,611,852  1,416,045,440 

3.86%

5/4/2012  36,784,924,268  35,368,246,187  1,416,678,081 

3.86%

5/3/2012  36,748,282,561  35,331,002,442  1,417,280,118 

3.86%

5/2/2012  36,706,773,997  35,288,932,829  1,417,841,169 

3.87%

4/30/2012  36,662,898,674  35,244,387,671  1,418,511,003 

3.87%

4/27/2012  36,520,294,186  35,099,101,308  1,421,192,878 

3.90%

4/26/2012  36,479,237,302  35,057,100,259  1,422,137,042 

3.90%

4/25/2012  36,438,301,655  35,015,170,490  1,423,131,165 

3.91%

4/24/2012  36,396,777,660  34,972,574,691  1,424,202,969 

3.92%

4/23/2012  36,349,254,227  34,924,243,582  1,425,010,646 

3.93%

4/20/2012  36,215,165,105  34,787,716,772  1,427,448,332 

3.95%

4/19/2012  36,184,222,371  34,755,571,489  1,428,650,882 

3.95%

4/18/2012  36,151,354,539  34,721,459,513  1,429,895,027 

3.96%

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Frequently Asked Questions in this purview

Facts : 1/27/1959
MANPOWER DEVELOPMENT:Mr. Graham William Keep was appointed the first and the only Expatriate Deputy Governor of Central Bank of Nigeria, from January 27, 1959 to January 26, 1962.
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