Cash Reserve Ratio in Nigeria remained unchanged at 32.50 percent in December from 32.50 percent in November of 2022. source: Central Bank of Nigeria

Cash Reserve Ratio in Nigeria averaged 15.62 percent from 2007 until 2022, reaching an all time high of 32.50 percent in September of 2022 and a record low of 1.00 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 December of 2022.

Cash Reserve Ratio in Nigeria is expected to be 25.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Cash Reserve Ratio is projected to trend around 25.00 percent in 2023, according to our econometric models.

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Nigeria Cash Reserve Ratio



Related Last Previous Unit Reference
Interest Rate 16.50 15.50 percent Nov 2022
Cash Reserve Ratio 32.50 32.50 percent Dec 2022
Interbank Rate 15.50 15.50 percent Dec 2022
Money Supply M1 21323643.56 21188070.11 NGN Million Oct 2022
Money Supply M0 3298786.78 3228752.06 NGN Million Oct 2022
Money Supply M2 50577358.02 49316901.83 NGN Million Oct 2022
Foreign Exchange Reserves 37120.00 37490.00 USD Million Nov 2022
Deposit Interest Rate 8.01 6.99 percent Oct 2022
Lending Rate 12.23 12.23 percent Oct 2022
Money Supply M3 49932982.31 49356443.64 NGN Million Sep 2022