Angola's kwanza slips 1 pct against the dollar

An employee of a money changer holds a stack of U.S. Dollar notes before giving it to a customer in Jakarta, October 8, 2015. REUTERS/Beawiharta

LUANDA (Reuters) - Angola's kwanza weakened one percent against the dollar on Thursday as buyer enthusiasm for the country's oil exports looked likely to be dampened by a rise in freight rates. At 1415 GMT the kwanza was down 1 percent to 135.870 per dollar, with some traders saying that a narrowing of refining margins in Europe would also dampen demand for Angola's crude, which accounts for around 95 percent of its foreign exchange earnings.