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Angola News

 

Angola cuts benchmark lending rate


Posted on Monday, September 16th, 2013 at 14:49

Lisbon - Angola's central bank has cut its benchmark interest rate to 9.75 percent from 10 percent, it said in a statement after a meeting of its monetary policy committee late on Friday.

The cut is the second this year. The rate went to 10 percent from 10.25 percent in January. - Reuters

Source: IOL