International Operations

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	%
8/31/2012	38,854,002,243	37,529,860,221	1,324,142,021	3.70%
8/30/2012	38,736,205,071	37,411,880,048	1,324,325,023	3.70%
8/29/2012	38,620,525,992	37,295,912,414	1,324,613,578	3.70%
8/28/2012	38,504,696,217	37,179,661,889	1,325,034,328	3.70%
8/27/2012	38,379,251,456	37,053,897,753	1,325,353,703	3.70%
8/24/2012	38,005,222,649	36,678,562,982	1,376,659,666	3.70%
8/23/2012	37,876,788,441	36,549,184,671	1,327,603,770	3.70%
8/22/2012	37,753,128,250	36,424,615,076	1,328,513,174	3.70%
8/17/2012	37,160,875,377	35,825,695,927	1,335,179,450	3.70%
8/16/2012	37,021,967,016	35,685,302,815	1,336,664,201	3.70%
8/15/2012	36,916,410,505	35,578,153,995	1,338,256,511	3.70%
8/14/2012	36,810,099,217	35,470,378,360	1,339,720,857	3.70%
8/13/2012	36,696,999,193	35,355,794,003	1,341,205,190	3.70%
8/10/2012	36,511,260,947	35,164,944,799	1,346,316,208	3.70%
8/9/2012	36,465,852,627	35,117,854,447	1,347,998,180	3.70%
8/8/2012	36,412,422,228	35,063,125,239	1,349,296,989	3.71%
8/7/2012	36,356,393,269	35,006,217,762	1,350,175,508	3.71%
8/6/2012	36,408,399,425	35,057,151,423	1,351,248,002	3.71%
8/3/2012	36,579,327,573	35,224,783,991	1,354,543,581	3.70%
8/2/2012	36,566,336,897	35,210,274,107	1,356,062,790	3.71%
8/1/2012	36,546,676,541	35,189,149,299	1,357,527,242	3.72%
7/31/2012	36,528,797,536	35,169,787,236	1,359,010,300	3.73%
7/30/2012	36,500,546,808	35,140,110,031	1,360,436,777	3.73%
7/27/2012	36,426,688,426	35,062,490,566	1,364,197,859	3.75%
7/26/2012	36,412,666,247	35,047,198,139	1,365,468,108	3.75%
7/25/2012	36,403,703,249	35,037,009,683	1,366,693,567	3.76%
7/24/2012	36,403,418,310	35,035,992,394	1,367,425,916	3.76%
7/23/2012	36,391,121,323	35,022,869,752	1,368,251,571	3.76%
7/20/2012	36,365,654,316	34,994,881,189	1,370,773,128	3.77%
7/19/2012	36,371,416,240	34,999,638,681	1,371,777,558	3.78%
7/18/2012	36,379,100,008	35,006,487,430	1,372,612,577	3.78%
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Frequently Asked Questions in this purview

International Operations

The Movement in Reserves (30-Day Moving Average with effect from November 2011)

The Movement in Reserves
(30-Day Moving Average with effect from November 2011)