A Capital Market Commission official said transactions in Angola’s capital market totaled 907.33 billion kwanza ($2.2 billion) through August, about a third of which were traded last month.
According to Johny Soki, director of the Capital Market Commission’s Office of Research and Strategy, the figure was driven by more than 300 billion kwanza traded in August, a record in terms of trading volume.
It was related to the “debt relief policy” implemented by the Ministry of Finance.
The objective is to replace instruments linked to the exchange rate and those with short maturity with those. . .
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