The new Angolan exchange rate regime

Filipa Fonseca Santos, Banking & Finance practice managing associate, is quoted in an article on Mercado newspaper, about the advantages and disadvantages of the new Angolan exchange rate system.

In the article, the managing associate gives her thoughts on this new exchange system and states that “the main advantage of fixed currency exchange is to avoid the pass-through effect and the predictability on businesses and returning foreign investment but, restricts the autonomy on monetary policy and hides real economy problems that later will rise.”

Click here to read the article.