Angolan Reserve Bank BNA buys foreign exchange from the market

Image: DR

Angola Reserve Bank, Banco Nacional de Angola (BNA) today announced the purchase of foreign exchange from participants of the Bloomberg FXGO Platform, in the amount of $ 100 million at an average exchange rate of USD/AOA 420.00.

In a note published on its website, the central bank justifies that the purchase made on 4 and 5 August serves the purpose of accumulation of foreign exchange reserves.

“We also inform you that if the availability of foreign exchange on the market continues, BNA plans, for the same purpose, to buy an additional $ 100 million, during the week of 8 to 12 August, 2022,” the statement said.

08/05/2022