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14.01.202615:29:47UTC+00Angola Lowers Interest by 100bps

In its inaugural meeting of 2026, the National Bank of Angola reduced its key interest rate by 100 basis points, bringing it down to 17.5%. This move represents the third rate reduction since the bank shifted from its previous peak interest rate setting of 19.5%, last adjusted at the beginning of September. This cut is the most significant since 2023 and is driven by clear signs of disinflation, enabling the Angolan monetary authorities to shift their focus towards fostering economic growth. Recent data indicate that the inflation rate declined to 15.7% in December, marking the lowest rate seen in over two years. Furthermore, the decision to adopt a more accommodating policy stance was facilitated by a more balanced performance of the kwanza, which obviated the need for the central bank to devalue the currency.

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