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Angola holds interest rate at 17.5% as inflation falls and oil risks loom

Luanda, Angola Photo @ Unsplash
Luanda, Angola Photo @ Unsplash
  • Angola keeps benchmark rate at 17.5% after three cuts since September.
  • Inflation falls for 19th consecutive month to 13.35% in February.

 

LUANDA, ANGOLA – Angola’s central bank has kept its benchmark interest rate at 17.5%, pausing a months-long easing cycle as policymakers balance slowing inflation with rising global economic uncertainties.

The decision followed the second Monetary Policy Committee (MPC) meeting of the year at the National Bank of Angola (BNA), which opted to maintain a cautious stance despite improving domestic inflation data.

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