International Operations International Operations
FX Mgt Before Now. | FX
Mkt
| FX Structure | Debt
Conversion | Exch. Rate
Policy
Movement in Reserves |
International Payments
| Reserve Management
Weekly International Payments
These are in respect of BTA/PTA and transfers for members of the public ... 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
| Week of 7/14/2010 | |||||||||||
| Travels | US$ 2028752.91 | ||||||||||
| Inward Money Transfers | US$ 0 | ||||||||||
| Cash sale to Bureau De Change & Banks* | US$ 383890000 | ||||||||||
| Letters of Credit | US$ 33622997.79 | ||||||||||
| Total Direct Remittances | US$ 0 | ||||||||||
| Remittances to TRAVELEX* | US$ 0 | ||||||||||
| Remittances to AMEX* | US$ 767103630.25 | ||||||||||
| Wholesale Dutch Auction Sales (WDAS) | US$ 1724584.07 | ||||||||||
| Debt Service /Payments | US$ 1724584.07 | ||||||||||
| Total | US$ 1190094549.09 | ||||||||||
| Week of 6/30/2010 | |||||||||||
| Travels | US$ 2717837.4 | ||||||||||
| Inward Money Transfers | US$ 0 | ||||||||||
| Cash sale to Bureau De Change & Banks* | US$ 144190000 | ||||||||||
| Letters of Credit | US$ 33816448.33 | ||||||||||
| Total Direct Remittances | US$ 59230687.11 | ||||||||||
| Remittances to TRAVELEX* | US$ 0 | ||||||||||
| Remittances to AMEX* | US$ 0 | ||||||||||
| Wholesale Dutch Auction Sales (WDAS) | US$ 1011308929.93 | ||||||||||
| Debt Service /Payments | US$ 13581090.5 | ||||||||||
| Total | US$ 1264844993.27 | ||||||||||
| Week of 6/18/2010 | |||||||||||
| Travels | US$ 2591255.03 | ||||||||||
| Inward Money Transfers | US$ 0 | ||||||||||
| Cash sale to Bureau De Change & Banks* | US$ 513300000 | ||||||||||
| Letters of Credit | US$ 24917375.49 | ||||||||||
| Total Direct Remittances | US$ 284924971.21 | ||||||||||
| Remittances to TRAVELEX* | US$ 0 | ||||||||||
| Remittances to AMEX* | US$ 0 | ||||||||||
| Wholesale Dutch Auction Sales (WDAS) | US$ 1254910259.74 | ||||||||||
| Debt Service /Payments | US$ 16495861.73 | ||||||||||
| Total | US$ 2097139723.2 | ||||||||||
| Week of 6/2/2010 | |||||||||||
| Travels | US$ 1667925.55 | ||||||||||
| Inward Money Transfers | US$ 0 | ||||||||||
| Cash sale to Bureau De Change & Banks* | US$ 83530000 | ||||||||||
| Letters of Credit | US$ 32244757.88 | ||||||||||
| Total Direct Remittances | US$ 182275973.37 | ||||||||||
| Remittances to TRAVELEX* | US$ 0 | ||||||||||
| Remittances to AMEX* | US$ 0 | ||||||||||
| Wholesale Dutch Auction Sales (WDAS) | US$ 1130163355 | ||||||||||
| Debt Service /Payments | US$ 1594438.24 | ||||||||||
| Total | US$ 1431476450.04 | ||||||||||
| Week of 5/21/2010 | |||||||||||
| Travels | US$ 0 | ||||||||||
| Inward Money Transfers | US$ 0 | ||||||||||
| Cash sale to Bureau De Change & Banks* | US$ 19500000 | ||||||||||
| Letters of Credit | US$ 8172439.13 | ||||||||||
| Total Direct Remittances | US$ 2081748.4 | ||||||||||
| Remittances to TRAVELEX* | US$ 0 | ||||||||||
| Remittances to AMEX* | US$ 0 | ||||||||||
| Wholesale Dutch Auction Sales (WDAS) | US$ 483684252.46 | ||||||||||
| Debt Service /Payments | US$ 0 | ||||||||||
| Total | US$ 513438439.99 | ||||||||||
* These are in respect of BTA/PTA and transfers for members of the public.
Frequently Asked Questions in this purview
| Facts : 1/16/2006 |
|---|
| The Cowry:The Cowry has, for centuries, served our people as an important form of currency. In 1860 the following system was in use: 40 Cowries formed a "String"; 50 Strings made a "head" and 10 heads comprised a "bag". In Lagos in 1865 one bag of 20,000 shells was exchanged for one or two English Pounds. |
| See All: Facts | Events |
| Related Links |
|---|
| Forex Market |
| Debt Conversion |
| Forex Structure |
| Forex Management |
