BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

• Oil prices have been trading significantly above the Bloomberg consensus formulated at the beginning of the year, which pointed to levels around USD 66 per barrel;

• In February, credit to the private sector denominated in Kwanzas (local currency) stood at approximately AOA 6.4 trillion, recording a nominal year-on-year YoY) increase of about 20.1%;

• International reserves closed March at USD 15.4b, representing a decline of approximately USD 515 million relative to February.



Best regards,
BFA


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