Angolan Central Bank Lowers Kwanza Rate Against Dollar, Euro

Luanda, Angola, Capital Markets in Africa —  Angola’s central bank weakened the official exchange rate of the kwanza to 163.703 per dollar from 161.468 and to 182.905 per euro from 180.408, according to data published on regulator’s website. Kwanza -17.5% vs USD this year, worst performer among 23 African currencies.