Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • The central bank has announced a partial opening of the capital account, exempting some types of investment-related capital flows from previous licensing;
  • Net international reserves (NIR) rose by USD 2.2 billion (bn) in November to USD 12.4bn - the highest since August 2018;
  • Last week, the BNA divulged the result of the Asset Quality Review (AQR) on the 12 largest banks;
  • In the foreign exchange market, the last two weeks were marked by a 2.33% depreciation of the Kwanza against the Dollar - trading at USD/AOA 482.227;
  • In the international market, Brent was trading above USD 68, the highest since May 2019.

Best regards,

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