The discussion about Angola's exchange rate position and the evolution of the kwanza has ceased to be exclusive to economists and has become part of the daily lives of families, businesses, and the Angolan State. The article addresses how the national currency directly affects citizens' lives and the country's economic sustainability.
When the kwanza loses value against the US dollar, several negative impacts on the economy are observed. The costs of imported products increase, the prices of essential goods are pressured, families' purchasing power decreases, and the country's external debt service becomes more expensive.
The author Adanilson Augusto Ferreira Tomás argues that talking about the devaluation of the kwanza is essentially talking about the cost of living, the investment capacity of businesses, and the economic sustainability of Angola as a whole.
