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  • Angola's kwanza steady in latest forex auction 30 Nov 2009 11:30 GMT
    ... LUANDA, Nov 30 (Reuters) - Angola's kwanza was virtually unchanged against the U.S. ... has taken a toll on the country's foreign exchange reserves, which fell for the first time ...

  • Press Release: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola  24 Nov 2009 01:07 GMT
    ... IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with ... Board Approves US$1.4 Billion Stand-By Arrangement with Angola Press Release No. 09/425 November 23, 2009 ... monetary policy to normalize conditions in the foreign exchange market; and iii) measures to safeguard the ...

  • IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola 24 Nov 2009 16:51 GMT
    ... The Executive Board of the International Monetary Fund (IMF) ... approved a 27-month Stand-By Arrangement (SBA) with Angola in the amount of SDR 858.9 million ... monetary policy to normalize conditions in the foreign exchange market; and iii) measures to safeguard the ...

  • International Monetary Fund: IMF Executive Board Approves US$1.4 Billion Stand-By Arrangement with Angola 24 Nov 2009 16:54 GMT
    ... Nov 24, 2009 (M2 PRESSWIRE via COMTEX) -- The ... approved a 27-month Stand-By Arrangement (SBA) with Angola in the amount of SDR 858.9 million ... monetary policy to normalize conditions in the foreign exchange market; and iii) measures to safeguard the ...

  • UPDATE 1-IMF says transparency key to $1.4 bln Angola loan 25 Nov 2009 17:07 GMT
    ... LUANDA, Nov 25 (Reuters) - The International Monetary ... International Monetary Fund (IMF) said on Wednesday Angola's commitment to increasing transparency, especially in the ... to use the loan to bolster its foreign exchange reserves and stabilise the local currency, the ...

  • Angola to use IMF loan to bolster reserves, kwanza 25 Nov 2009 10:36 GMT
    ... LUANDA, Nov 25 (Reuters) - Angola will use a $1.4 billion loan from ... the International Monetary Fund to bolster its foreign exchange reserves and stabilise the local currency, the ...

  • Angola secures $1.4 billion stand-by arrangement with IMF 24 Nov 2009 11:32 GMT
    ... Angola secures $1.4 billion stand-by arrangement with IMF ... monetary policy to normalize conditions in the foreign exchange market; and measures to safeguard the financial ...

  • IMF approves $1.4 billion loan for Angola 24 Nov 2009 08:00 GMT
    ... FRANKFURT (MarketWatch) -- The International Monetary Fund has ... approved a $1.4 billion loan arrangement with Angola to help the African country restore macroeconomic ... It also said that the resumption of foreign exchange auctions by the National Bank of Angola ...

  • Angola's kwanza slides further against dollar 24 Nov 2009 09:18 GMT
    ... LUANDA, Nov 24 (Reuters) - Angola's kwanza extended its losses against the U.S. ... has taken a toll on the country's foreign exchange reserves, which fell for the first time ...

  • Angola cenbank not worried about drop in reserves 24 Nov 2009 13:35 GMT
    ... LUANDA, Nov 24 (Reuters) - Angola's central bank governor Abraao Gourgel said on ... was not concerned about a drop in foreign exchange reserves in October, which he said were ...

  • Angola: Reserves fall in spite of oil hike 24 Nov 2009 03:10 GMT
    ... Angola: Reserves fall in spite of oil hike Angola's foreign exchange reserves fell for the first time in three months to $12.1 billion (R90.7bn) last ...

  • Angola to shore up reserves, local currency with USD1.4bn IMF loan 25 Nov 2009 13:56 GMT
    ... Nov 25, 2009 (M2 EQUITYBITES via COMTEX) -- 25 November 2009 - Angola will tap a USD1.4bn (EUR934m) 27-month credit ... credit from the IMF to steady its foreign exchange reserves and the local currency, the kwanza, ...

  • Non-oil sector may grow 10.5 per cent, economy minister 25 Nov 2009 10:35 GMT
    ... Non-oil sector may grow 10.5 per cent, economy ... Luanda - The non-oil sector of the angolan economy may grow 10,5 per cent as ... have resulted in social unrest. Currently the foreign exchange market is experiencing a moment of convergence ...

  • Non-oil sector may grow 10,5 percent - Economy minister 25 Nov 2009 11:15 GMT
    ... Non-oil sector may grow 10.5 per cent, economy ... Luanda - The non-oil sector of the angolan economy may grow 10,5 per cent as ... have resulted in social unrest. Currently the foreign exchange market is experiencing a moment of convergence ...

  • Petrol Subsidy is a Waste of Resources - Obi [interview] 24 Nov 2009 04:32 GMT
    ... is the Managing Director, Techno Oil Limited, a significant ... industry. As we lose our position to Angola as Africa's largest producer of crude oil, ... the benefit of consumers; it will conserve foreign exchange, create a level playing ground for the ...

  • Angola FX reserves drop despite firm oil prices 23 Nov 2009 12:31 GMT
    ... Angola's foreign exchange reserves fell for the first time in three months to $12,1-billion in October from ...

  • Angola's kwanza weakens further against dollar 23 Nov 2009 10:54 GMT
    ... LUANDA, Nov 23 (Reuters) - Angola's kwanza extended its losses against the U.S. ... exports for almost 90 percent of its foreign exchange reserves. (Reporting by Henrique Almeida, Editing by ...

  • The Case for Big Oil Shares 22 Nov 2009 19:45 GMT
    ... Oil has not responded proportionately to euro and S&P 500 ... Yuan FX regime continues to haunt the FX markets. While the industrial production surge in the ... In addition, Azerbaijan, the Gulf of Mexico, Angola and Australian LNG projects could well turbo-charge ...


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