INSUBCONTINENT EXCLUSIVE:
The National Bank of Angola (BNA) has decided to keep its basic interest rate unchanged at 17%, while increasing the liquidity facility rate
from 17% to 17.5%, marking an elevation of 0.5 percentage points.The permanent liquidity absorption rate will stay at 13.5.This announcement
was made during a press conference in the nation's capital, Luanda, by the central bank's governor, Manuel Tiago Dias, following the
112th Monetary Policy Committee (CPM) meeting.This marks the first meeting under Dias' stewardship since he assumed the role on June 16.Dias
explained the reasoning behind the decision ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan
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