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

Addis, Ababa, Ethiopia. © Unsplash
Ethiopia targets $2.4bn deals to signal frontier market reform push
Read More »
Women hawkers on the streets of Accra, Ghana. Photo by Langford Kwabena @ Unsplash
Ghana inflation falls to 3.3% in February 2026
Read More »
Mozambique Photo: @ Unsplash
Mozambique's economy exits recession with 4.67% growth
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights