Dollar traded in Angola at 118.920 kwanzas

16 June 2015

The National Bank of Angola last week sold foreign currency in the amount of US$340 million at an average exchange rate of 118.920 kwanzas, the central bank said in a statement on its website.

The central bank, as the State operator placed treasury securities on the primary market totalling 4.4 billion kwanzas, with 552.4 million kwanzas in Treasury Bills and 3.8 billion kwanzas in Treasury Bonds.

The Treasury Bills have maturities of 63, 182 and 364 days and Treasury Bonds have maturities of 2, 3, 4, and 5 years.

In the segment of direct sales to the public 197.0 million kwanzas were placed.

The “Luanda Interbank Offered Rate” (Luibor) on the interbank market stood at 9.09% percent overnight and between 9.12 percent and 10.01 percent for maturities between 30 and 360 days. (macauhub/AO)