Finance and Economics Discussion Series: Asymmetric

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WEEK 41 OCT 9 - OCT 15, 2016: COUNTRY ����� DATE ��������� RATE... � � Angola's central bank left its benchmark BNA rate at 16.0 percent, noting the slowdown in August inflation due to an increase in the supply of food and restrained demand.� � The National Bank of Angola (BNA), which has raised its rate by 500 basis points this year in an effort to curb inflation, encourage savings and reduce the need for foreign exchange, added that it had also taken note of the deceleration in money supply.� � Angola's monthly inflation rate in August eased to 3.30 percent from July's 4.04 percent but on an annual basis it accelerated to 38.18 percent in August from 35.3 percent in July.� � The BNA said the restricted monetary base grew by 1.91 percent in August and while money supply...

Pages: 66

Publisher: BiblioGov (February 6, 2013)

ISBN: 128871839X

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