The National Bank of Angola (BNA) announced today that it had acquired all of the 300 million dollars (around 279 million euros) made available in the foreign currency sales session, at an exchange rate of 828.261 kwanzas per dollar.
The operations were carried out on Wednesday on the Bloomberg platform and involved the participation of 19 commercial banks, the BNA said in a statement.
Angola’s central bank has made the National Treasury’s currency available to try to get round the shortage of foreign currency, despite the fact that availability increased in January, from 600 million dollars (558 million euros) to 836 million dollars (778 million euros).
Last week, the governor of the BNA admitted that there is less foreign currency available due to the reduction in export revenues, but said that the banks have been buying, so there is no justification for not making foreign currency available to their clients.
