The National Bank of Angola (BNA) has published a directive establishing the obligation of commercial banks to buy or sell foreign currency to the BNA, whenever they are requested to do so by its Asset Markets Department, at the exchange rate freely determined and published by commercial banks on FXGO, Bloomberg's electronic foreign exchange trading platform.
This measure, included in Directive no. 01/DMA/2022, aims, above all, to ensure the continued transparency and competitiveness of the foreign exchange market, so that the exchange rates announced by the Commercial Banks are those practiced in most transactions with their customers.