Strategies to be Taken to Contain the Harmful Effects of Exchange Changes - The Case of Angola

Abstract

Exchange rate volatility has been a concern for emerging economies, whose currency fluctuations directly impact the population's purchasing power. The general objective of this research was to analyze the main strategic policies that can be implemented by Angola to face the harmful effects of exchange rate variations. The article offers a significant contribution to the formulation of economic policies that not only aim to stabilize the economy in the short term, but seek to ensure long-term economic sustainability by addressing exchange rate volatility. In the methodological scope, the study was carried out based on bibliographic and documentary analyzes aimed at the descriptive model. Although the Angolan economy depends on oil, there is significant potential in sectors such as agriculture and manufacturing, which can reduce vulnerability to exchange rate fluctuations. The strategic use of international reserves can provide additional protection against currency crises by helping and stabilizing the currency.