According to the financial information agency Bloomberg, the national currency, the kwanza, has recovered 20 percent against the dollar since the beginning of the year, in a list in which the Russian ruble is in the last position, losing 37 percent against the current value. of the dollar.
The price of oil, despite the slowdown in recent days in the rise in prices, almost doubled in value last year, reaching 139 dollars already this month, which represents an increase of 28 percent since the beginning of the year, although a barrel of oil is currently being traded at around 100 dollars.
Angola's exports account for more than 90 percent of the country's export earnings, and the national economy is expected to grow by 2.9 percent this year, after five years of economic recession.
In recent weeks, Angola has seen credit opinion improved by the main rating agencies, following the end of the US$4.5 billion financial adjustment program with the International Monetary Fund, in December last year.
