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HomeBreadcrumbCalendarsBreadcrumbNational AffairsBreadcrumbAfrica Affairs

Angola requires foreign companies and institutions to use local currency as part of anti-dollarisation fight

Monday 1 July 2013 38 days from now
Angola

Published: 20 Feb 2013 | By Yafit Lazar and 1 other | Last updated: 20 Feb 2013
   
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Angola requires foreign companies and institutions to use local currency as part of anti-dollarisation fight -
Angola continues its anti-dollarisation fight
flickr-401(K) 2012

Oil firms, embassies, consulates and other foreign institutions operating in Angola are required to make their payments for goods and services in the local Kwanza currency.


The Angolan National Reserve Bank (BNA) announced the measure as part of its official policy to fight the dollarisation of the economy.


Several foreign institutions in the southern Africa country have already been complying with the requirement since the anti-dollar campaign was launched last year.


Source
Angola says anti- dollarisation fight on ahead of July 1 dea www.africareview.com
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Created by Yafit LazarCreated by Yafit Lazar
on Wed 20 Feb 2013
Modified by Eva HSLast modified by Eva HS
on Wed 20 Feb 2013
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Location: Angola
Date: Monday 1 July 2013
Duration: 1 day
Planning: confirmed
38 days from today

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