NewsWhore
02-25-2009, 09:10 AM
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Angola May Devalue Kwanza Within Six Months, Standard Bank Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaaecWwlpZLzE%26refer%3Dafrica&cid=0&ei=wUOlSaHaK4ecMvKaoNAL&usg=AFQjCNEi4mPg7rW9vBseRe8g5QrssyHvLQ)
Bloomberg
25 (Bloomberg) -- Angola may be forced to devalue the kwanza as the central bank becomes reluctant to drain foreign- exchange reserves to support the currency following the plunge in oil prices, according to Standard Bank Group Ltd. The currency of ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaaecWwlpZLzE%26refer%3Dafrica&cid=0&ei=wUOlSaHaK4ecMvKaoNAL&usg=AFQjCNEi4mPg7rW9vBseRe8g5QrssyHvLQ)
Angola May Devalue Kwanza Within Six Months, Standard Bank Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaaecWwlpZLzE%26refer%3Dafrica&cid=0&ei=wUOlSaHaK4ecMvKaoNAL&usg=AFQjCNEi4mPg7rW9vBseRe8g5QrssyHvLQ)
Bloomberg
25 (Bloomberg) -- Angola may be forced to devalue the kwanza as the central bank becomes reluctant to drain foreign- exchange reserves to support the currency following the plunge in oil prices, according to Standard Bank Group Ltd. The currency of ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaaecWwlpZLzE%26refer%3Dafrica&cid=0&ei=wUOlSaHaK4ecMvKaoNAL&usg=AFQjCNEi4mPg7rW9vBseRe8g5QrssyHvLQ)