Foreign Exchange Flows through the Central Bank during the First and the Second Quarters of 1983.

Authors

Central Bank of Nigeria CBN, Central Bank of Nigeria

Publisher

Central Bank of Nigeria

Keywords

Foreign Exchange, Foreign Exchange Flows, Net Outflow, Central Bank of Nigeria

Abstract

The report covers transactions in foreign exchange through the Central Bank of Nigeria during the first and the second quarters of 1983, which resulted in net outflows of N150.0 million and N 103.0 million, respectively. The movements in foreign exchange led to a further reduction in the level of official holdings of external reserves during the first two quarters of 1983.

Author Bio

The authors are staff of the Research Department, Central Bank of Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

1

Volume

21

Recommended Citation

Central Bank of Nigeria (1983). Foreign Exchange Flows through the Central Bank during the First and the Second Quarters of 1983. CBN Economic and Financial Review. 21(2), 2-3.