{"id":67535,"date":"2015-02-02T19:08:38","date_gmt":"2015-02-03T00:08:38","guid":{"rendered":"http:\/\/countingpips.com\/?p=67535"},"modified":"2015-02-03T07:14:58","modified_gmt":"2015-02-03T12:14:58","slug":"angola-maintains-rate-on-lower-inflation-credit-expansion","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/02\/angola-maintains-rate-on-lower-inflation-credit-expansion\/","title":{"rendered":"Angola maintains rate on lower inflation, credit expansion"},"content":{"rendered":"
February 2, 2015<\/div>
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By CentralBankNews.info<\/u><\/a>
\n    Angola’s central bank maintained its Basic Interest Rate (BNA) at 9.0 percent, citing a slight decline in December inflation, annual credit expansion of 17.14 percent and an average depreciation of the kwanza’s exchange rate by 1.36 percent from the previous month.
   The National Bank of Angola last changed its policy rate in October when it raised it by 25 basis points.
    Angola’s consumer price inflation rate was 7.48 percent in December, down from 7.49 percent in November but unchanged from October.<\/p>\n

    The National Bank of Angola issued the following statement:<\/p>\n

“The Monetary Policy Committee of the National Bank of Angola (CPM) met on February 2, at its forty regular meeting, the first of the year 2015.<\/span><\/p>\n

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In order to take monetary policy measures that contribute to the maintenance of price stability in the national economy, the evolution of inflation was analyzed, the real economy, fiscal and monetary accounts as well as the latest information on the international economic situation, including the SADC region. <\/span>The analysis was based on data for the month of December 2014. <\/a><\/span><\/div>\n
I. <\/b><\/span>EVOLUTION OF MONETARY ECONOMICS AND FINANCIAL NATIONAL<\/b><\/div>\n
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