Tag: FX Reserves

TUES, AUGUST 15 2023-theGBJournal |Using the gross FX reserve (USD 33.88 billion) as of 10 August and holding the pre-determined contactual foreign currency obligations...

SAT, AUGUST 05 2023-theGBJournal |According to the data obtained from FMDQ, total inflows into the Investors & Exporters Window (IEW) declined by 65.7% m/m...

SAT, JULY 29 2023-theGBJournal |Nigeria’s FX reserve declined by US$19.20 million w/w to US$33.95 billion (26 July). Meanwhile, the naira appreciated by 0.3% to...

SAT, JULY 22 2023-theGBJournal |Nigeria’s FX reserves sustained its downtrend this week, falling by USD58.63 million w/w to USD33.98 billion (19 July). Through the week,...

SAT, JULY 15 2023-theGBJournal |This week, Nigeria’s FX reserves decreased by US$2.01 million w/w to US$34.06 billion (12 July). Analysis of CBN’s data during pre-COVID...

SAT, JULY 08 2023-theGBJournal | Nigeria’s FX reserve continued to weaken for the seventh consecutive week, as the gross reserve position fell by US$60.27...

THUR, JULY 06 2023-theGBJournal | The naira remains on the back foot against the US dollar as FX demand continues to outstrip supply. The demand...

SAT, JUNE 17 2023-theGBJournal |Nigeria’s FX reserves remained pressured this week, declining by US$194 million w/w to US$34.62 billion (15 June). Likewise, the naira depreciated...

SAT, JUNE 10 2023-theGBJournal |Nigeria’s FX reserves declined further this week, as the gross reserves level declined by N137.97 million w/w to N34.88 billion...

SAT. 18 MARCH 2023-theGBJournal | This week, Nigeria’s FX reserves decreased by USD311.24 million w/w to USD36.08 billion (15 March). The naira depreciated by 0.1% to N462.83/USD...