$9.63bn foreign exchange flows recorded in January 2025- CBN
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Aggregate foreign exchange inflow declined to US$9.63 billion in January 2025.
Figures obtained by Dailyeconomy from the Central Bank of Nigeria (CBN)’s January 2025 monthly economic report revealed.
According to the report, “The economy recorded a lower net foreign exchange inflow, on account of decreased inflow through the Bank. Foreign exchange flows through the economy amounted to a net inflow of US$4.79 billion, compared with US$5.01 billion in December 2024.
“Aggregate foreign exchange inflow declined to US$9.63 billion, from US$10.17 billion in the preceding month. Similarly, the foreign exchange outflow decreased to US$4.84 billion, from US$5.17 billion in the preceding month.
“Foreign exchange inflow through the Bank declined to US$2.33 billion, from US$4.09 billion in the preceding month, while autonomous inflow increased to US$7.31billion, from US$6.08 billion in the preceding month. Outflow through the Bank fell to US$3.80 billion, from US$4.16billion in the preceding month, while autonomous outflow rose to US$1.04 billion, from US$1.01 billion in December 2024.”
