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Movement In Reserves

FX Structure | FX Mgt Before Now. | FX Mkt | Debt Conversion | Exchange 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:   

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Date Gross Liquid Blocked %
5/15/2019  44,982,377,666  43,979,572,558  1,002,805,107 

2.23%

5/14/2019  44,959,618,290  43,955,741,089  1,003,877,202 

2.23%

5/10/2019  44,875,393,168  43,866,376,812  1,009,016,356 

2.25%

5/9/2019  44,853,398,815  43,843,030,826  1,010,367,989 

2.25%

5/8/2019  44,843,629,529  43,832,635,997  1,010,993,533 

2.25%

5/7/2019  44,837,320,096  43,825,680,816  1,011,639,281 

2.26%

5/6/2019  44,813,226,104  43,800,497,802  1,012,728,302 

2.26%

5/3/2019  44,803,156,630  43,787,436,316  1,015,720,314 

2.27%

5/2/2019  44,792,305,640  43,775,698,421  1,016,607,219 

2.27%

4/30/2019  44,792,699,905  43,776,393,768  1,016,306,137 

2.27%

4/29/2019  44,802,693,928  43,786,915,880  1,015,778,048 

2.27%

4/26/2019  44,792,822,848  43,778,230,091  1,014,592,757 

2.27%

4/25/2019  44,787,974,016  43,773,667,565  1,014,306,450 

2.26%

4/24/2019  44,777,453,767  43,763,435,606  1,014,018,161 

2.26%

4/23/2019  44,762,234,878  43,748,526,346  1,013,708,532 

2.26%

4/18/2019  44,740,594,631  43,724,838,384  1,015,756,248 

2.27%

4/17/2019  44,736,751,009  43,719,164,492  1,017,586,517 

2.27%

4/16/2019  44,735,785,090  43,716,387,432  1,019,397,658 

2.28%

4/15/2019  44,736,779,836  43,715,359,655  1,021,420,181 

2.28%

4/12/2019  44,728,029,781  43,700,673,621  1,027,356,160 

2.30%

4/11/2019  44,721,689,977  43,692,171,377  1,029,518,600 

2.30%

4/10/2019  44,710,347,545  43,678,667,215  1,031,680,330 

2.31%

4/9/2019  44,702,407,696  43,668,587,354  1,033,820,342 

2.31%

4/8/2019  44,687,900,776  43,651,223,337  1,036,677,438 

2.32%

4/5/2019  44,678,750,645  43,634,497,416  1,044,253,230 

2.34%

4/4/2019  44,682,645,350  43,635,933,667  1,046,711,682 

2.34%

4/3/2019  44,682,918,720  43,634,291,179  1,048,627,541 

2.35%

4/2/2019  44,648,417,181  43,597,760,032  1,050,657,149 

2.35%

4/1/2019  44,608,044,246  43,555,353,559  1,052,690,687 

2.36%

3/29/2019  44,428,102,947  43,368,506,911  1,059,596,037 

2.38%

3/28/2019  44,341,627,010  43,279,604,534  1,062,022,476 

2.40%

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Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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