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Home Finance

Angola reserves with a balance of US$14.7B

FurtherAfrica by FurtherAfrica
February 13, 2024
in Africa, Angola, Economy, Finance
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The country’s Net International Reserves (RIL) reached a balance of $14.7 billion dollars at the end of 2023, against 14.6 December 2022, with an accumulation of USD 73 million, the director of the statistics department of the National Bank of Angola (BNA), Domingos Nzinga said last week in Luanda.

When speaking in the presentation on the Evolution of the Foreign Exchange Market and its Perspectives, following the last Meeting of the Monetary Policy Committee (CPM) of the BNA, he highlighted that the 14.7 billion are equivalent to around 8.4 months of imports of goods and services.

Also read: Angola is self-sufficient in salt production – minister

The presentation on the Evolution of the Foreign Exchange Market and its Perspectives is being guided by the Governor of the BNA, Manuel António Tiago Dias.

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Source: Angop
Tags: AngolaAngola reserves with a balance of US$14.7BDomingos NzingaEconomyFeatureFinanceforeign exchange marketLuandaManuel António Tiago DiasMonetary Policy Committee (CPM)National Bank of Angola (BNA)Net International Reserves (RIL)анголаأنغولاアンゴラ安哥拉
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