Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

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,
BFA

If you wish to cancel your subscription, please click here.

Company Headquarters
Rua Amílcar Cabral, 58, Maianga – Luanda
Telephone: 222 638 900 • Fax: 222 638 911
www.bfa.ao

Speak to us

Available 24 hours a day. If you have questions,
suggestions or complaints, talk to us.

Social Networks

This message (including any attachments) is intended only for the use of the individual or entity to which it is addressed and may contain information that is non-public, proprietary, privileged, confidential, and exempt from disclosure under applicable law or may constitute as attorney work product. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution, or copying of this communication is strictly prohibited. If you have received this communication in error (i) destroy this message if a hard copy or (ii) delete this message and any attachments if this is an electronic communication. This message and any attachments are the exclusive responsibility of the sender, and BFA cannot be held liable for any eventual consequences that may arise from it.