Photographer: Simon Dawson/Bloomberg

Angola's Kwanza Falls Most Since 2001 to Record in Devaluation

  • Central bank cuts official rate to narrow black market gap
  • Kwanza falls most since September 2001 after devaluation

Angola’s currency fell the most since September 2001 after the central bank allowed it to devalue as the drop in oil prices cut the main source of government revenue and export earnings.

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