Angolan Foreign Reserves Rise to $26.46 Billion in January

Angola’s foreign-currency reserves rose to $26.46 billion in January from a revised $25.9 billion in the previous month, a preliminary document from Angola’s central bank showed.

Oil exports from Angola, Africa’s biggest producer after Nigeria, account for more than 90 percent of the country’s foreign-currency earnings, according to the World Bank.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.