12 °c
London
Friday, June 9, 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

Bank of Angola provides US$500M for auctions in August

FurtherAfrica by FurtherAfrica
August 2, 2019
in Africa, Angola, Currency, Economy
Reading Time: 1 min read
1k 21
0
Foreign investment flows to Africa dip by 21 per cent – report
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

At least 500 million US dollars is the amount of foreign currency that the Central Bank of Angola (BNA) has made available for sale at auction of price and quantity, for this August, 100 million more than the month of July.

Banco Nacional de Angola (Photo: Vandre Spellmeier)

According to a Central Bank note, after each session it will disclose, on its portal, the maximum and minimum exchange rates allowed, as well as the average exchange rate resulting from the session.

In June, BNA provided the equivalent of US $ 400 million in foreign exchange through price and quantity auctioning.

For this week, all commercial banks can participate in the auction after the suspension, imposed on 19 financial institutions, on week 22-26 July, for not having submitted the execution reports of the currencies obtained in the auction, last week (# 44/2019 of 15 July) or for running below 50%.

In week 22-26, only seven commercial banks were eligible to participate in the Central Bank currency auction, namely Standard Chartered Bank, Standard Bank, Finibanco, BPC, BDA, Angolan Commercial Bank, and 19 were excluded because they did not submit the execution of the previous edition.

The following banks , Atlantic Millennium, BAI, Caixa Geral Angola, Huambo Commercial Bank, BCI, Southern Credit Bank, Economic Bank, BFA, BIC, Rural Investment Bank, Kwanza Invest Bank, Micro-Finance Bank, BNI, Prestige Bank, Value Bank, Sol, VTB and Yetu Bank were excluded for this edition auction .

Source: Angop

Related

Tags: AngolaAtlantic MillenniumBAIBanco Nacional de AngolaBCIBFABICBNABNICaixa Geral AngolaCentral Bank of AngolaCurrency auctioncurrency exchangeEconomic BankFeatureforexHuambo Commercial BankKwanza Invest BankMicro-Finance BankPrestige BankRural Investment BankSolSouthern Credit BankValue BankVTBYetu Bankанголаأنغولاアンゴラ安哥拉
ScanSendShare422Tweet264Share74Pin95Send
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

Fintech

Blockchain-based technology takes root in African governments

by Web3Africa
June 9, 2023
Angola Capital Markets Commission analyses privatisations through stock exchange
Finance

Ecobank launches single market trade hub

by Africa Global Funds
June 9, 2023
Fintech

Unlimint-CBK partnership expands presence in Africa’s fintech industry

by The Exchange
June 9, 2023
Climate

AfDB launches study on urban infrastructure and climate adaptation in Djibouti

by Fabio Scala
June 9, 2023
Economy

Mozambique to join African Trade Insurance Agency

by Club of Mozambique
June 9, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Fintech

Blockchain-based technology takes root in African governments

by Web3Africa
June 9, 2023
0

African governments take a positive turn towards a decentralized Continent by embracing decentralize applications In 2022, Africa’s fintech sector secured...

Read more
Angola Capital Markets Commission analyses privatisations through stock exchange

Ecobank launches single market trade hub

June 9, 2023

Unlimint-CBK partnership expands presence in Africa’s fintech industry

June 9, 2023

AfDB launches study on urban infrastructure and climate adaptation in Djibouti

June 9, 2023

Mozambique to join African Trade Insurance Agency

June 9, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

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

Join 107,194 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?
 

Loading Comments...