2018-07-16

Directive No. 04-DMA-2018, dated July 17

The National Bank of Angola reduces the BNA Basic Interest Rate by 1.5 percentage points from 18.00% to 16.50% per annum, effective immediately following the Monetary Policy Committee's decision on July 17, 2018. This adjustment aligns the reference rate with Notice No. 10/2011 and formally revokes Directive No. 03/DMA-2018 dated May 24, 2018. The Markets Department retains authority to resolve any interpretative doubts or omissions arising from the application of this Directive.

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