Dear subscriber [name],
Here is this last week’s Angola Weekly.
Highlights:
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The current account recorded a surplus of USD 1.3 Billion (B) in Q4 2023, a year-on-year increase of USD 914 million;
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Credit to the private sector in January stood at close to AOA 3.1 trillion, having registered a nominal increase of around 13% yoy, which corresponds to over AOA 363B;
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Interest rates in the Interbank Monetary Market (IMM) ended the week on a high, reacting to the effect of the sale of foreign currency by the Ministry of Finance (MINFIN);
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BODIVA markets traded a total of AOA 205B in February, less AOA 767B compared to January, which represents a drop of close to 78% yoy.
Best regards,
BFA
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