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Angola reduces benchmark interest rate by 0.5 points to 19.5%

The central bank of Angola decided today to reduce the reference interest rate from 20% to 19.5%, arguing with the slowdown in inflation and the appreciation of the national currency, the kwanza.

"Considering the consistency of the slowdown in the evolution of prices in the national economy, particularly since the beginning of the current year, as a result of the continuous and strict control of liquidity, the appreciation of the kwanza compared . . .

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