The key lending rate was maintained at 9.75 percent, the Luanda-based Banco Nacional de Angola said in a statement on its website today. The bank lowered the rate by a quarter of a percentage point in August for the first time in seven months, only the second cut since it was introduced in October 2011.
Inflation in August eased to 8.97 percent from 9 percent in the previous month, the National Statistics Institute said on Sept. 11.
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