Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


  • In the foreign exchange market, last week was marked by the continuous depreciation of the Kwanza against the Dollar (-9.87%) and against the Euro (-9.95%).

  • Interest rates on 364-day Treasury Bills rose 150 basis points (bp) to 12%, after falling to 10.5% a few weeks ago.

  • BODIVA ended the month of May with a trading volume of around AOA 283.5 MM, 103% more than the same period in the previous year.

  • The prices of a barrel of oil continue to accumulate losses even in the context of the announcement of an extension of production cuts by Saudi Arabia.

Best regards,

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