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	%
9/24/2012	41,061,328,391	39,744,294,907	1,317,033,484	3.21%
9/21/2012	40,936,330,460	39,617,244,723	1,319,085,737	3.22%
9/20/2012	40,900,147,340	39,580,440,792	1,319,706,548	3.23%
9/19/2012	40,856,938,307	39,536,801,207	1,320,137,100	3.23%
9/18/2012	40,811,695,013	39,491,174,690	1,320,520,323	3.24%
9/17/2012	40,758,035,402	39,437,172,144	1,320,863,258	3.24%
9/14/2012	40,568,255,619	39,246,863,070	1,321,392,549	3.26%
9/13/2012	40,488,376,474	39,166,784,062	1,321,592,412	3.26%
9/12/2012	40,409,596,459	39,087,553,013	1,322,043,445	3.27%
9/11/2012	40,282,451,919	38,960,076,000	1,322,375,919	3.28%
9/10/2012	40,167,418,597	38,844,851,431	1,322,567,166	3.21%
9/7/2012	39,848,103,938	38,525,358,873	1,322,745,065	3.32%
9/6/2012	39,758,359,577	38,435,215,289	1,323,144,288	3.33%
9/5/2012	39,554,965,915	38,231,620,854	1,323,345,061	3.35%
9/4/2012	39,351,978,615	38,028,371,064	1,323,607,551	3.70%
9/3/2012	39,225,287,024	37,901,520,053	1,323,766,971	3.70%
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%
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Frequently Asked Questions in this purview

Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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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)