Angola Weekly

Dear subscriber [name],

Dear subscriber,

Here is this last week’s Angola Weekly.

Highlights:

Last week, OPEC+ decided to increase oil production next month by 100,000 barrels per day.
The price of oil ended the week near USD 95.0, representing the lowest value since the third week of February this year.
BNA has acquired USD 100 Million for the purpose of accumulating international reserves from participants of the Bloomberg FXGO Platform.
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.
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.

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BFA

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