9 August 2017

Angola: Bna Sells 399.8 Million Euros to Financial Market

Luanda — The National Reserves Bank of Angola (BNA) sold 399.8 million Euros (equivalent to USD 446 million) to the financial market, of which EUR 95.3 million were availed to cover operations of several sectors.

The central bank, in this period, sold 229.5 million Euros in comparison to the previous period, by availing to the market 170.3 million euros (equivalent to USD 190.3 million).

According to the BNA's weekly report that reached Angop on Tuesday, 77.7 million Euros were sold to cover the operations of ministries and state bodies and 71.6 million Euros for the oil sector.

It was also sold EUR 68.1 million to cover food operations, EUR 14.8 million to the health sector and EUR 14.7 million to telecommunications sector.

The average US dollar exchange rate of the primary exchange rate market at the end of the week stood at 166.745 kwanza, as well as the Euro which was 186.299 kwanza.

For the current management of the National Treasury, BNA placed on the primary market Treasury Securities amounting to 43.5 billion kwanza, of which 29.9 billion Kwanza in Treasury Bills (BT), 12.1 billion kwanza in Treasury Bonds indexed to the exchange rate (OT-TXC) and 1.2 billion Kwanza Non-readjusted Treasury Bonds (OT-TXC).

Angola

Graca Machel Urges Better Nutrition for Mothers, Children

One of every four children under five years old in southern Africa suffers from stunted growth in that they are too… Read more »

Copyright © 2017 Angola Press Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.