BMI Research: Emerging Markets Monitor: AOA: The Long-Awaited Appreciation.

The article offers information about the Angolan Kwanza (AOA) as of March 2011. Analysts call for a modest appreciation of the currency in 2011 as it remains at all-time lows of AOA93.00 per U.S. dollar. The country is expected to gain from oil price hikes caused by the rising political risks in North Africa and across the Middle East. The pool of kwanzas available for speculation is expected to decline due to the tight fiscal and monetary policies of the central government and Banco Nacional de Angola (BNA).