BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Interbank money market (IMM) interest rates have been rising noticeably in recent weeks;
Concerns about the global economy, geopolitical uncertainties and disappointing financial reports from large companies are moving international financial markets;
After several months trading just above USD 80, the price of a barrel of oil is beginning to lose momentum as instability remains high - with Iran's declaration that it will retaliate for the Israeli attack that killed the main political leader of Hamas – generating fears of a possible open war.

Best regards,
BFA

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