Ver Angola

Banking and Insurance

National Bank of Angola leads to auction another 700 million dollars

The National Bank of Angola (BNA) announced on Thursday that it intends to auction 700 million dollars in May and June.

: mtcurado

The forecast for the sale of foreign currency "is of an indicative nature, with the Central Bank being able to make adjustments according to the evolution of external accounts", adds the BNA.

The amount of foreign currency put up for auction has been decreasing since the beginning of the year.

In March and April, the BNA intended to sell 800 million dollars, 300 million less than in the two previous months.