Central Bank of Nigeria
Foreign Exchange, Foreign Exchange Flows, Central Bank, Central Bank of Nigeria
N11.9 million and a net outflow of N3.7 million during the third and fourth quarters of 1983 respectively. These compared with the net outflows of 13.2 and N171.9 million recorded during the counterpart periods of the preceding year (See Table 1). In line with these developments, official holdings of external reserves increased by N11.9 million during the 3rd quarter, recording N802.2 million at the end of September, 1983. They decreased by N3.7 million during the 4th quarter to N798.5 million at the end of December 1983. (See Table 3) .
CBN Economic and Financial Review
Central Bank of Nigeria (1983). Foreign Exchange Flows through the Central Bank during the Third and the Fourth Quarters of 1983. CBN Economic and Financial Review. 21(4), 1-2.