Angola has increased its interest rates by 4.5 percentage points, from 15.5% to an annual rate of 20%.
The key rates a tool used by Central Banks to implement monetary policy.
An increase in interest rates is used to slow down inflation and protect the currency.
This change is the first to have taken place since on May27th 2019, when the Central Bank lowered interest rates by 0.25 percentage points to 15.5%.
Here we show you the progression of interest rates in Angola. You can see interest rates in other countries in interest rates and see all the economic information about Angola in Angola economy.