Angola Interest Rate

The benchmark interest rate in Angola was last recorded at 9.25 percent. Interest Rate in Angola averaged 51.34 Percent from 2002 until 2014, reaching an all time high of 150.00 Percent in February of 2002 and a record low of 9.25 Percent in November of 2013. Interest Rate in Angola is reported by the National Bank of Angola.

   
 
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Angola Interest Rate


Actual Previous Highest Lowest Dates Unit Frequency
9.25 9.25 150.00 9.25 2002 - 2014 Percent Monthly
In Angola, interest rates decisions are taken by The National Bank of Angola (Banco Nacional de Angola). The official interest rate is the Taxa Básica de Juro (Taxa BNA). Until October 2011 the official interest rate was the Discount Rate (Taxa de Redesconto). This page provides - Angola Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


Angola Leaves Rates on Hold


At its June 24th, 2014 meeting, Central Bank of Angola left its key policy rate unchanged at 9.25 percent for the seventh consecutive meeting.

The liquidity absorption facility rate was also left on hold at 1.75 percent, following last month’s increase. The standing lending facility rate was kept at 10 percent, following a 25 bps cut in March.

Annual inflation rate slowed again in May to 6.95 percent from 7.22 percent in April. In contrast, monthly inflation accelerated to 0.62 percent from 0.51 percent in the previous two months, but remained below the 0.87 percent recorded in the same month of 2013.

The central bank also said the LUIBOR overnight stood at 2.96 percent in May, down from 3.10 percent in the previous month and credit to the economy increased 1.22 percent. The average exchange rate was stable at 97.66 kwanzas per dollar.

Joana Taborda | joana.taborda@tradingeconomics.com
6/25/2014 11:28:52 AM


Recent Releases

Angola Raises Liquidity Absorption Facility
At its May 26th, 2014 meeting, Angola’s central bank kept its key policy rate unchanged at 9.25 percent, but raised its liquidity absorption facility rate by 25 bps to 1.75 percent. Published on 2014-05-27

Angola Leaves Monetary Policy Unchanged
At its April 28th, 2014 meeting, Angola’s central bank left the benchmark interest rate on hold at 9.25 percent. The liquidity absorption and the standing lending facility rate where also left unchanged at 1.5 percent and 10 percent, respectively, following last meeting’s move. Published on 2014-04-29


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-03-31 05:00 PM Angola
Interest Rate Decision
9.25% 9.25% 9.25%
2014-04-28 07:30 PM Angola
Interest Rate Decision
9.25% 9.25% 9.25%
2014-05-26 07:30 PM Angola
Interest Rate Decision
9.25% 9.25% 9%
2014-06-24 08:30 PM Angola
Interest Rate Decision
9.25% 9.25% 9.25%
2014-07-28 07:00 PM Angola
Interest Rate Decision
9.25% 9.25%


Money Last Previous Highest Lowest Unit
Interest Rate 9.25 9.25 150.00 9.25 Percent [+]





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