Ver Angola

Banking and Insurance

BNA will auction 350 million dollars in July

The National Bank of Angola (BNA) will sell 350 million dollars through auctions. The sale will take place during the month of July.

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According to the statement made available on its website, the BNA explains that after each session, "it will disclose the amount made available, the number of participants, the maximum and minimum exchange rates admitted, as well as the average exchange rate resulting from the session".

Seven auctions of 50 million dollars will be held each week, indicates the BNA.

According to the monthly auction calendar, cited by Angop, in May and June, the accumulated sale value corresponded to 700 million dollars.

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