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Movement In Reserves

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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 %
10/20/2023  33,255,912,708  32,456,030,016  799,882,692 

2.41%

10/19/2023  33,249,485,891  32,449,474,241  800,011,650 

2.41%

10/18/2023  33,242,086,833  32,441,920,491  800,166,342 

2.41%

10/17/2023  33,236,318,791  32,437,782,822  798,535,969 

2.40%

10/16/2023  33,231,639,212  32,434,928,846  796,710,366 

2.40%

10/13/2023  33,223,774,656  32,434,741,235  789,033,421 

2.37%

10/12/2023  33,224,350,901  32,439,845,182  784,505,719 

2.36%

10/11/2023  33,222,964,556  32,442,153,455  780,811,101 

2.35%

10/10/2023  33,221,060,054  32,444,067,997  776,992,057 

2.34%

10/6/2023  33,222,630,688  32,459,793,039  762,837,649 

2.30%

10/5/2023  33,227,015,519  32,467,481,047  759,534,472 

2.29%

10/4/2023  33,226,415,801  32,470,079,654  756,336,147 

2.28%

10/3/2023  33,226,321,385  32,472,548,308  753,773,077 

2.27%

9/29/2023  33,237,603,572  32,494,015,373  743,588,199 

2.24%

9/28/2023  33,242,364,043  32,501,215,531  741,148,512 

2.23%

9/26/2023  33,251,343,687  32,513,606,317  737,737,370 

2.22%

9/25/2023  33,261,165,807  32,525,171,801  735,994,006 

2.21%

9/22/2023  33,276,615,959  32,546,654,203  729,961,756 

2.19%

9/21/2023  33,280,104,047  32,551,560,993  728,543,054 

2.19%

9/20/2023  33,280,272,632  32,553,322,643  726,949,989 

2.18%

9/19/2023  33,283,049,916  32,558,289,294  724,760,622 

2.18%

9/18/2023  33,286,962,204  32,564,424,612  722,537,593 

2.17%

9/15/2023  33,296,351,900  32,575,269,445  721,082,455 

2.17%

9/14/2023  33,300,263,007  32,579,628,992  720,634,015 

2.16%

9/13/2023  33,294,357,961  32,570,967,802  723,390,159 

2.17%

9/12/2023  33,293,917,316  32,567,769,225  726,148,090 

2.18%

9/11/2023  33,293,300,404  32,565,221,047  728,079,357 

2.19%

9/8/2023  33,327,224,180  32,592,958,231  734,265,949 

2.20%

9/6/2023  33,391,452,585  32,651,688,830  739,763,755 

2.22%

9/5/2023  33,430,777,182  32,688,081,795  742,695,387 

2.22%

9/4/2023  33,464,320,240  32,718,867,537  745,452,703 

2.23%

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Facts : 1/1/1900
Agric Credit Guarantee Scheme:The Agricultural Credit Guarantee Scheme (ACGS) was established in 1977, under the management of the Central Bank of Nigeria. The scheme was designed to encourage banks to increase lending to the agricultural sector by providing guarantee against inherent risks.
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