Angola central bank keeps key rate steady
ReutersJul 18, 2025 1:22 PM
LUANDA, July 18 (Reuters) - Angola's central bank kept its key lending rate at 19.50% in a decision announced on Friday.
The Bank of Angola has left the rate AOINTR=ECI unchanged for seven monetary policy meetings in a row, keeping policy tight as it tries to reduce inflation to single digits over the medium term.
Inflation in the oil-producing Southern African country slowed slightly in June, reaching 19.73% in annual terms AOCPIY=ECI from 20.74% in May.
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