Flash Note nº 7

Dear subscriber [name],

We are sending our most recent Flash Note.

Highlights:

At the meeting of the Monetary Policy Committee (CPM), held last Friday, May 19, the BNA decided to keep the instruments for conducting monetary policy unchanged;
We have followed the path of year-on-year inflation, which slowed down in April for the fifteenth consecutive month, in line with the BNA's policy measures, but mainly due to the performance of the oil economy in the recent past;
In order to mitigate the instability in the exchange market and the associated risk, the BNA decided to put USD 350 million in Treasury Bonds in circulation, available on the Angolan Stock Exchange and Debts (BODIVA);
In pursuit of the objectives of price stability and the value of the local currency, the BNA must continue to ensure the balance between monetary policy and exchange rate policy.

Best regards,
BFA

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