Foreign currency sales dropped by 62 percent last week after the National Bank of Angola (BNA) has sold EUR 52.7 million ($ 58.9 million) to cover various operations. This is according to the BNA data […]
Category: Currency
Angola: Sale of foreign exchange reduces 17%
The sale of foreign exchange in the last seven days recorded a drop in its availability, with the sale of 138.6 million euros (USD 154.8 million), representing a reduction of 17 per cent in relation […]
Angola: Treasury bonds lower in primary market
The National Reserve Bank of Angola (BNA) availed last week in the primary market, treasury bonds amounted in AKZ 48.9 billion ( Usd 1 is Akz 166) less AKZ 23.9 billion in relation to the […]
Angola Central Bank reduces sale of euros
The sale of foreign exchange in the last seven days, in the primary market, was of 167 million euros (USD 186.6 million), which represents a reduction of 2.4 million euros in relation to the previous […]
Huge remittances milestone for Africa as TerraPay gets SA license
A mobile payments and remittances startup called TerraPay may have achieved what could turn out to be a huge industry milestone in the remittances space in Africa. The startup announced today that it has secured […]
Angolan central bank holds lending rate at 16 pct
Angola’s central bank maintained its benchmark lending rate at 16 percent following the analysis of the evolution of the main macroeconomic indicators by the monetary policy committee meeting held Thursday in Luanda. The National Bank […]
