BFA - Angola Weekly

Dear subscriber [name],

Please find attached this week´s Angola Weekly:

Highlights:

• The International Monetary Fund (IMF) has revised its projections for global economic growth downwards, now estimating a 2.8% expansion compared to the previous year, slightly below the 3.3% yoy forecast previously;

• The price of a barrel of Brent oil, the reference for Angolan exports, ended the week trading at USD 61.3, down USD 5.6 compared to the previous week;

• International reserves closed the month of April at USD 15.5 B, an increase of USD 262.1 million compared to the month of March;

• Up to the month of April, the total volume traded on Bodiva's markets reached approximately AOA 1.6 trillion (T), of which approximately AOA 1.4T were carried out in a bilateral environment, representing more than 87% of the total.

Best regards,
BFA

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