Dear subscriber [name],
Dear subscriber,
Here is this last week’s Angola Weekly.
Highlights:
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Last week, OPEC+ decided to increase oil production next month by 100,000 barrels per day.
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The price of oil ended the week near USD 95.0, representing the lowest value since the third week of February this year.
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BNA has acquired USD 100 Million for the purpose of accumulating international reserves from participants of the Bloomberg FXGO Platform.
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In the foreign exchange market, the week saw an appreciation of 0.71% of The Kwanza against the Dollar and 0.66% against the Euro, having closed the week at USD/AOA 430.2 and EUR/AOA 437.4.
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The public tender for the subconcession of the management, implementation and operation of the Barra do Dande Integrated Development Free Trade Zone (ZFDIBD) was opened.
Best regards,
BFA
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