Cash Reserve Ratio in Nigeria remained unchanged at 27.50 percent in July from 27.50 percent in June of 2021. source: Central Bank of Nigeria

Cash Reserve Ratio in Nigeria averaged 14.35 percent from 2007 until 2021, reaching an all time high of 31 percent in May of 2015 and a record low of 1 percent in April of 2009. This page provides - Nigeria Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Cash Reserve Ratio - values, historical data and charts - was last updated on July of 2021.

Cash Reserve Ratio in Nigeria is expected to be 27.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Cash Reserve Ratio in Nigeria to stand at 27.50 in 12 months time. In the long-term, the Nigeria Cash Reserve Ratio is projected to trend around 25.00 percent in 2022, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Nigeria Cash Reserve Ratio

Actual Previous Highest Lowest Dates Unit Frequency
27.50 27.50 31.00 1.00 2007 - 2021 percent Monthly

Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 11.50 11.50 14.00 6.00 percent [+]
Cash Reserve Ratio 27.50 27.50 31.00 1.00 percent [+]
Money Supply M0 2790895.50 2796471.37 2908462.40 38580.37 NGN Million [+]
Money Supply M1 16278040.69 15996570.46 16551196.56 74220.52 NGN Million [+]
Money Supply M2 38849025.37 38382883.36 38849025.37 648506.60 NGN Million [+]
Foreign Exchange Reserves 33420.00 34250.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 3.05 3.13 27.00 2.00 percent [+]
Lending Rate 11.13 11.21 37.80 6.00 percent [+]