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Finance and Financial Management

Journal

1983

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Foreign Exchange Flows Through The Central Bank During The First And The Second Quarters Of 1983., Central Bank Of Nigeria Cbn Jun 1983

Foreign Exchange Flows Through The Central Bank During The First And The Second Quarters Of 1983., Central Bank Of Nigeria Cbn

Economic and Financial Review

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.