The National Bank of Angola kept its benchmark policy rate at 20% during its regular meeting on May 31st, 2022. Monetary policymakers noted that the current course of monetary policy remains adequate to achieve the inflation objective despite headwinds from inflation and potential impacts on the national economy. Angola's annual inflation rate slowed to a nine-month low of 25.79% in April of 2022 from 27% in the previous month, helped by favorable currency movements. Nevertheless, the committee agreed to reduce the mandatory reserve ratio in national currency from 22% to 19%. source: National Bank of Angola
Interest Rate in Angola averaged 36.70 percent from 2002 until 2022, reaching an all time high of 150 percent in February of 2002 and a record low of 8.75 percent in July of 2014. This page provides the latest reported value for - Angola Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Angola Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Interest Rate in Angola is expected to be 20.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Interest Rate is projected to trend around 19.00 percent in 2023, according to our econometric models.