12 °c
London
Thursday, February 2, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Angola: BNA sells €59.4 million for letters of credits

FurtherAfrica by FurtherAfrica
August 29, 2017
in Africa, Angola, Banking, Economy, Finance
Reading Time: 1 min read
1.4k 14
0
Mozambican campaigners demand cancellation of secret debt
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The National Reserve Bank of Angola (BNA) sold in the last seven days 169.4 million euro (about USD 189.3 million) to the financial market, of which 59.4 million euro were sold through letters of credit ensured by the Angolan central bank.

The 59.4 million euros served to cover operations in the sectors of agriculture, industry, fisheries and food, according to the central bank’s weekly monetary and exchange rate report, which ANGOP had access to on Monday.

According to the document, the reduction of 34.4 million euro is observed, since in the previous period it was sold 203.8 million euro to the financial market.

In the period under review, BNA made available EUR 53.7 million to cover oil sector operations, EUR 33.0 million to cover operations in various sectors, EUR 9 million for travel, family assistance, health and education.

Nine million euro were also made available to cover credit card operations, 1.1 million for the health sector, 2.4 million for auxiliary branches of the State, 1.6 million for exchange refund and 207. 4 thousand to cover salary operations for expatriates.

In this report, the central bank highlights the average USD reference exchange rate of the primary foreign exchange market, which maintained at USD = Kz 166.746.

For the Euro, the average reference exchange rate calculated up to the end of the week was EUR = Kz 186.300.

Source: Angop

Related

Tags: AngolaAngola Central BankBanco Nacional de AngolaBNAcurrency exchangeforexletters of creditsNational Reserve Bank of Angolaアンゴラ安哥拉
ScanSendShare559Tweet350Share98Pin126Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Agriculture

AFEX predicts a decline in production of grain commodities

by Farmers Review Africa
February 2, 2023
Foreign banks in Ethiopia: The thin line in between strategy and law
Economy

Ethiopia’s economic growth forecasted at 7.5% in 2023

by FurtherAfrica
February 2, 2023
Trade

US multinational plans to invest in fish farming in Angola

by FurtherAfrica
February 2, 2023
Mozambique using Chinese satellites to forecast potential natural disasters
Climate

Mozambique selects insurance company against disasters

by Club of Mozambique
February 2, 2023
Agriculture

Zimbabwe and Belarus sign US$66m deal for tractors

by Farmers Review Africa
February 2, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Agriculture

AFEX predicts a decline in production of grain commodities

by Farmers Review Africa
February 2, 2023
0

Nigeria’s leading commodities market player, AFEX, unveiled its Annual Commodities Outlook report for 2023 in a virtual event last week,...

Read more
Foreign banks in Ethiopia: The thin line in between strategy and law

Ethiopia’s economic growth forecasted at 7.5% in 2023

February 2, 2023

US multinational plans to invest in fish farming in Angola

February 2, 2023
Mozambique using Chinese satellites to forecast potential natural disasters

Mozambique selects insurance company against disasters

February 2, 2023

Zimbabwe and Belarus sign US$66m deal for tractors

February 2, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,000 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?