Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • International Reserves fell again in October to USD 13.4 billion (Bn), USD 201 million less than in September.

  • The Kwanza depreciated 10.6% in October, and is now trading above USD/AOA 488, the lowest level since the beginning of March this year.

  • On the other hand, it is possible that the BNA will try to moderate liquidity levels, bearing in mind its effects on the foreign exchange market.

  • In international monetary policy, the Federal Reserve and Bank of England raised their benchmark rates by 75 basis points last week, in a similar move to that of the European Central Bank the week before.

Best regards,

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