Angola Interest Rate Decision
The National Bank of Angola is in charge of making interest rate decisions in the country (Banco Nacional de Angola). On May 24th, 2018, the central bank merged the marginal lending facility rate and the basic interest rate, resulting in the creation of the BNA Rate (Taxa BNA), which was adopted as the country's new benchmark interest rate. Until then, the Taxa Bsica de Juro (Taxa BNA) served as the primary interest rate, while the Discount Rate (Taxa de Redesconto) served as the official interest rate until October 2011.
A higher than expected figure should be seen as positive (bullish) for the AOA while a lower than expected figure should be seen as negative (bearish) for the AOA.
Source:
National Bank of Angola
Category:
Interest Rate
Units:
Percent
Latest Release
Previous:
19.5%
Consensus:
19.5%
Actual:
19.5%
Next Release
No data
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