"In the foreign exchange market, the week was marked by a 1.3 percent appreciation of the kwanza against the dollar and a 0.15 percent depreciation against the euro, having closed the week at 522.3 kwanzas per dollar and 589, 8 kwanzas per euro", reads the note, which notes that "since the beginning of the year, the kwanza has already appreciated by around 6.3 percent against the dollar and 6.2 percent against the euro".
In the analysis sent to customers, which Lusa had access to, BFA's economic studies department points out that the dollar is being traded at 609.2 kwanzas, with a difference of 16.6 percent from the official value.
"We reaffirm our expectation of some exchange rate stability in 2022, although there is a tendency for upward pressures on the kwanza, particularly in the 1st half, which may partially reverse in the 2nd half of the year", it concludes. in the note.
