BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

The Monetary Policy Committee (MPC) met on 18 and 19 September in Luanda and decided to keep the key interest rates unchanged: the Key interest rate remains at 19.5%, and the Marginal Leding Facility and the Deposit Facility Interest Rate remains at 20.0% and 18.5%, respectively.
The restriction on liquidity also affects the real economy - credit to the private sector in Kwanzas in August stood close to AOA 4.8 B, having registered a year-on-year increase of around 21.2% in nominal terms, which corresponds to AOA 836.3 billion (B).

Best regards,
BFA

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