Ver Angola


National Bank of Angola sells 300 million dollars to overcome lack of foreign currency

The National Bank of Angola (BNA) announced, this Thursday, that all of the 300 million dollars (around 279 million euros) made available in the currency sales session had been acquired, at the exchange rate of 828.261 kwanzas per dollar.

: Ampe Rogério/Lusa
Ampe Rogério/Lusa  

The operations were carried out on Wednesday, on the Bloomberg platform, and included the participation of 19 commercial banks, the BNA said in a statement.

The central bank of Angola made the National Treasury's currency available to try to overcome the lack of foreign currency, despite the availability having increased in January, from 600 million dollars (558 million euros) to 836 million dollars (778 million euros).

Last week, the governor of the BNA admitted that there is less currency available, due to the reduction in export revenues, but said that banks have been buying, so there is no justification for them not making foreign currency available to their customers.


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