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 : 1/1/1990 |
|---|
| 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 |
| Related Links |
|---|
| Forex Market |
| Debt Conversion |
| Forex Structure |
| Forex Management |
