Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • Angola recorded a surplus of AOA 0.6 trillion in Q1 2023, according to data from the Ministry of Finance.

  • Brent ended last week trading above USD 86, the highest levels since April this year.

  • International Reserves ended the month of July at USD 13.8 billion, slightly above the USD 13.7 billion of the previous month.

  • Overnight LUIBOR has moderated somewhat this week from mid-July highs.



Best regards,
BFA


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