A session of the Cabinet Council

Luanda - The Economic Commission of the Cabinet Council, Thursday in Luanda learned about the evolution of the country's monetary and exchange market in the period of July 8-9 this year.

The information is contained in a note from the Cabinet Council Economic Commission session chaired by the vice president, Manuel Domingos Vicente.

According to the note that reached Angop, in the period in respect, the inflation was 0,26 %, while the homologous inflation stood at 9,19%, which represents a positive scenario as compared with the 10,11% of the same period of last year.

The exchange rate on the primary market was Akz 96,3 and Akz 97,3 on the secondary market and Akz 102,33 on the informal market.

A rise in the gross reserves of 0,37% was recorded and 0,39 in the net reserves, the source adds.

On the other hand, the session approved the report on the performance of the Cash Plan for June 2013 and the draft Cash Plan for August this year.