FX.co ★ Angola Cuts Policy Rate to 17%

The National Bank of Angola lowered its key interest rate by 50 basis points to 17% at its May 2026 meeting, following a pause in March. The move was motivated by easing inflation and the need to bolster economic activity amid elevated global uncertainty stemming from the ongoing conflict in the Middle East. Angola’s annual inflation rate declined to 11.58% in April from 12.42% in March, its lowest level since June 2023, extending the disinflationary trend that has been underway since mid-2024.