Dear subscriber [name],
Here is this last week’s Angola Weekly.
Highlights:
• According to new central bank regulations, as of April, all foreign currency sale transactions by oil companies and in the interbank market, above USD 0,5 million, started to be traded on the Bloomberg platform;
• On the other hand, the central bank has published another set of measures, some of which are only applicable while the State of Emergency is in place;
• In March, BODIVA saw more than AOA 132 billion (Bn) in public debt trades, the highest level since the beginning of public debt trading in the exchange;
• In international markets, Brent recovered slightly, with the prospect of a possible agreement between Saudi Arabia and Russia, with a meeting expected on Thursday;
Best regards,
BFA
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