Dear subscriber [name],
Here is this last week’s Angola Weekly.
Highlights:
• Last Monday, June 26, a financing agreement was signed for the project to accelerate economic diversification and job creation, between Angola and the World Bank.
• International reserves closed the month of June valued at USD 13.02 Billion (Bn), USD 996 million less compared to the previous month.
• The National Bank of Angola recently changed the procedures for the sale of foreign currency by companies in the oil and diamond sectors.
• In June, the Angolan Debt and Stock Exchange traded around AOA 392.6 Bn, the highest monthly amount traded since its creation.
• Last week, the Kwanza depreciated 3.6% against the Dollar and 3.9% against the Euro.
Best regards,
BFA
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