BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

• According to data from the Ministry of Finance (MinFin), commercial banks and the BNA purchased foreign currency from MinFin in the amount of USD 833.5 million in the first quarter of the year;

• In March, the monetary base (M0) in local currency stood at around AOA 2.4 trillion (t);

• Diamond exports between January and February totaled about 2.7 million carats;

• A barrel of Brent oil, a benchmark for Angolan exports, opened the week at USD 95.5 per barrel, after a significant decline last week.

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BFA

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