In a move signaling stability amid ongoing economic challenges, Angola’s central bank has decided to maintain its key interest rate for the sixth consecutive meeting. This decision, announced on Thursday, reflects the bank’s commitment to fostering an environment conducive to economic growth while managing inflationary pressures. With global economic uncertainty and domestic fiscal pressures persisting, the bank’s stance underscores its cautious approach in navigating a complex financial landscape. Analysts note that this extended hold may have significant implications for investment and consumer spending in the country’s economy, which has been striving for recovery in the wake of fluctuating oil prices and broader economic reforms.
Angolan Central Bank Maintains Key Interest Rate Amid Economic Uncertainty
The Central Bank of Angola (BNA) has decided to maintain its key interest rate at 15.5%, marking the sixth consecutive meeting without any changes. This decision comes as a…
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Author : Victoria Jones
Publish date : 2025-10-11 18:46:00
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