Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

• Angola Central Bank (BNA) informed the market that foreign currency operations were carried out by the National Treasury on the Bloomberg platform last week;

• Net International Reserves (NIR) stood at USD 9.17 Bn in October - a decrease of USD 126 million compared to the previous month;

• In the foreign exchange market, the Kwanza appreciated slightly against the Dollar, at 1.75% compared to the previous week;

• G20 finance ministers and central bank governors last week agreed on a set of principles for addressing the public debt issue of the most vulnerable countries;

• The General State Budget (OGE) 2021 was approved in general, last Tuesday, in parliament.

Best regards,
BFA

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