Regulatory Alerts2017-05-30
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Directive No. 02-DMA-2017, of May 30
The Department of Asset Markets of the Bank of Angola issued Directive No. 02-DMA-2017 to adjust interest rates for permanent liquidity facilities in accordance with the Monetary Policy Committee's decision. The directive establishes that the BNA Basic Interest Rate remains unchanged at 16.00% per annum and is subject to monthly reevaluation by the Committee. It also designates the Department of Asset Markets to clarify interpretation issues and revokes the previous Directive No. 05/DMA/2016.
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