Bloomberg platform mobilises USD 200 million

  • Vista noturna do Banco Nacional de Angola
Luanda - At least USD 200 million was recently made available to the market by the National Treasury, in a sale transaction of foreign currency in cash on the Bloomberg FXGO platform.

The information is expressed in the website of National Bank of Angola BNA), stating that the operation took place on November 12.

The source quoted seventeen commercial banks as having taken part in the process and with a global demand of around 172.8 million dollars.

With the change in the operating system of the foreign exchange market with the implementation of Bloomberg's “FXGO” platform, BNA sought to modernise and transform the operational functioning of the market.

This process started direct sales of foreign currency by exporters, such as oil and diamonds, to banks.

The information is expressed in the website of National Bank of Angola BNA), stating that the operation took place on November 12.

The source quoted seventeen commercial banks as having taken part in the process and with a global demand of around 172.8 million dollars.

With the change in the operating system of the foreign exchange market with the implementation of Bloomberg's “FXGO” platform, BNA sought to modernise and transform the operational functioning of the market.

This process started direct sales of foreign currency by exporters, such as oil and diamonds, to banks.