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	%
9/21/2012	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%
8/8/2012	36,412,422,228	35,063,125,239	1,349,296,989	3.71%
[1/9]

Frequently Asked Questions in this purview

Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
See All: Facts \| Events

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)