Angola’s central bank anticipates stable exchange rates this year, contrasting with last year’s 39% depreciation of the Kwanza against the USD. The average monthly dollar supply has halved to USD 600 mln in 2023, down from USD 1.2 bln, following a 28% decrease in exports. Officials highlighted a significant change in circumstances, limiting monthly FX availability to USD 600 mln, though a USD 800 mln supply is expected in February, mirroring January’s exceptional figures.