Tue, 20 Jun 2017 10:26 - Updated Tue, 20 Jun 2017 10:26
BNA foreign currency sale drops
Luanda - The amount in foreign currency sold by the Banco Nacional de Angola (BNA) in the last seven days to cover various operations fell from Eur. 376.7 million to Eur. 143.7 million (Usd 160.5 million), Angop learned.
Send by email
To share this news by email, fill out the information below and click Send
To report errors in the texts of articles published, fill out the information below and click Send
Euro and US Dollar bills
Photo: THOMAS COEX
Of the amount above, Eur. 53.7 million went to cover productive sector spending and Eur. 25.6 million were released for various other sectors.
Eur. 12.4 million went to cover operations in State’s ministries and organs, while Credit Letters took Eur. 12.2 million to meet the productive sector and foodstuffs imports. Eur. 9.2 million have gone for operations in the health sector.
Trips, family aid, education and health received Eur. 9.1 million while Credit Card spending absorbed Eur. 8.9 million and Bureaus of Exchange gripped Eur. 4.5 million.
Remittances operations absorbed Eur. 4.5 million, whereas Eur. 3.6 million went to cover operations in the power and water sector.
The average reference exchange rate for the American currency at weekend stood at Usd=Akz 166,742.
The average reference exchange rate for the European currency at weekend was Eur=Akz 186,296.
- 28/01/2019 19:19:49
Luanda - The National Reserve Bank (BNA) decided to lower the basic interest rate from 16.5 percent to 15.75%. This decision was driven by the fact that the inflation had a decreasing trend in 2018, as well as the contraction of the Monetary Base of 10.71%.
- 07/01/2019 17:37:13
Luanda - The shareholders of Banco Postal denied on Saturday that the institution is in situation of bankruptcy underlining that it owns net current assets enough to fulfill with its responsibilities.
- 30/11/2018 12:08:30
Luanda - The Net Foreign-Exchange Reserves of Angola dropped USD 7.3 billion in one year, by moving from USD 20.8 billion to USD 13.5 billion between December 2016 and December 2017.
- 29/11/2018 11:01:58
Luanda - Angola has announced the launch of mobile payments through mobile phones by 2019 to diversify the payment systems.