Rates

Foreign Exchange Dutch Auctions

Auction No	5/7/2008 held on 34
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 12,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	6


Auction No	5/5/2008 held on 33
Total Amount Offered	US$ 80,000,000.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 14,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	16


Auction No	4/30/2008 held on 32
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 12,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	6


Auction No	4/28/2008 held on 31
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 15,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	8


Auction No	4/23/2008 held on 30
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 6,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	3


Auction No	4/21/2008 held on 29
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 10,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	5


Auction No	4/16/2008 held on 28
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 8,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	4


Auction No	4/14/2008 held on 27
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 9,500,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	5


Auction No	4/9/2008 held on 26
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 9,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	5


Auction No	4/7/2008 held on 25
Total Amount Offered	US$ 0.00
Total Amount Demanded	US$ 0.00
Total Amount Sold	US$ 10,000,000.00
Highest Successfull Bid Rate	US$ 0.00
Lowest Bid Rate	0.00
No. of Successful	0
No. of Unsuccessful	0
Marginal Bid	US$ 0.00
Number of Banks	5

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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.

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