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Tag: BMI Study

BMI consultant believes Angola’s currency will devalue to 900 kwanzas per dollar this year

Consultancy BMI Research forecasts that Angola's currency will maintain its current exchange rate of 830 kwanzas to the dollar, but will depreciate to almost 900 kwanzas by the end of the year, for an average of 853 kwanzas. "We forecast that the National Bank of Angola will keep the kwanza rate stable at around...