Weekly commentary – 9th August 2024
Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.91% to USD 7,340 million (3.80 months of import cover). This was below the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.91% to USD 7,340 million (3.80 months of import cover). This was below the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 1.32% to USD 7,311 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 6.17% to USD 7,409 million (3.90 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 18.67% to USD 8,321 million (4.30 months of import cover). This was above the CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.44% to USD 7,012 million (3.70 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves increased by 0.09% to USD 6,981 million (3.60 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves decreased by 0.32% to USD 7,775 million (4.0 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,130 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at…
Foreign Exchange Reserves The usable foreign exchange reserves declined by 1.98% to USD 6,989 million (3.70 months of import cover). This falls short of CBK’s statutory requirement to endeavor to…
Foreign Exchange Reserves The usable foreign exchange reserves stood at USD 7,180 million (3.80 months of import cover). This falls short of CBK’s statutory requirement to endeavor to maintain at…