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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

Before Date    
Week of 11/12/2010
Travels US$ 805523.65
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 346748044
Letters of Credit US$ 41405304.9
Total Direct Remittances US$ 101495854.02
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 572103856.46
Debt Service /Payments US$ 0
Total US$ 1062558583.03

 
Week of 10/29/2010
Travels US$ 3476563.17
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 132510000
Letters of Credit US$ 52042755.43
Total Direct Remittances US$ 410533282.95
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 1204558448.45
Debt Service /Payments US$ 12664889.56
Total US$ 1815785939.56

 
Week of 10/8/2010
Travels US$ 3563249.57
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 161523000
Letters of Credit US$ 54531625.04
Total Direct Remittances US$ 211411459.04
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 1885670730.46
Debt Service /Payments US$ 14964574.56
Total US$ 2331664638.67

 
Week of 9/30/2010
Travels US$ 4849077.96
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 205943000
Letters of Credit US$ 30856796.47
Total Direct Remittances US$ 25098624.54
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 570000000
Debt Service /Payments US$ 0
Total US$ 836747498.97

 
Week of 9/17/2010
Travels US$ 929768.35
Inward Money Transfers US$ 0
Cash sale to Bureau De Change & Banks* US$ 96500000
Letters of Credit US$ 55141206.6
Total Direct Remittances US$ 204131115
Remittances to TRAVELEX* US$ 0
Remittances to AMEX* US$ 0
Wholesale Dutch Auction Sales (WDAS) US$ 1241475525.46
Debt Service /Payments US$ 20604859.08
Total US$ 1618782474.49

 
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* These are in respect of BTA/PTA and transfers for members of the public.


 
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