Search

Angola’s Central Bank Injects $170 Million into Market to Stabilise Currency

Breaking News
© Allen Dreyfus
  • BNA has sold 68% of the allocated $250 million for food and medicine imports.
  • Economists see the move as a step towards economic stabilization and enhanced monetary policy flexibility.

Luanda, Angola – The National Bank of Angola (BNA) announced Wednesday, that as of October 7, it had sold $170,040,590.15, equivalent to 68% of the $250 million allocated to commercial banks for foreign exchange operations aimed at importing food and medicines. The remaining funds will continue to be available throughout the current week, as indicated on its website.

Recent Business

Image of oil refinery at night across the sea. Photo @Unsplash
Oil, inflation and mining: Is South Africa losing its cost advantage?
Read More »
Houmt Souk, Tunisia. Photo by Ondrej Bocek @ Unsplash
Tunisia inflation steadies at 5% - relief or a pause before renewed price pressures?
Read More »
Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
Hidden debt, rising risk: a look at Nigeria and Senegal’s swap gamble
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights