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Sale of Foreign Currency by the National Bank of Angola

Writer: P&P AdvogadosP&P Advogados

The National Bank of Angola “BNA” has made a total of USD 250,000,000.00 (Two Hundred and Fifty Million US Dollars) available to the market to cover foreign exchange operations for the import of foodstuffs and medicines


Accordingly, on October 2nd, it sold USD 71,000,000.00 (Seventy-One Million US Dollars) to commercial banks, at the rate of USD/AOA 935,000, and the remaining amount would also be made available for sale to commercial banks over the course of the past week.

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