Angola’s central bank has decided to keep the main lending rate unchanged at 19.50%, marking the fifth consecutive meeting of such a decision. Additionally, inflation has decreased slightly to 25.26% year on year, down from 26.48% in January.
On Tuesday, Angola’s central bank announced that it would keep its main lending rate unchanged at 19.50%. This decision marks the fifth consecutive meeting in which the Bank of Angola has decided to maintain the rate. Additionally, inflation in Angola has shown a slight decrease, with the rate falling to 25.26% year on year for the previous month, down from 26.48% in January.
The Bank of Angola’s decision to maintain the interest rate at 19.50% reflects its ongoing monetary policy strategy. The slight decline in inflation indicates a modest improvement in economic conditions. Observers will continue to monitor these metrics for future adjustments.
Original Source: www.tradingview.com
