Angola's central bank lowered its benchmark BNA rate by 75 basis points to 15.75 percent, saying the cut was supported by the decline in inflation during 2018 and a 10.71 percent contraction in the monetary base, the bank's operational variable, in the last 12 months.

Angola's central bank lowered its benchmark BNA rate by 150 basis points to 16.50 percent and cut the ratio on mandatory reserves in kwanza by a further 100 points to 18 percent, citing a fall in inflation for the eight consecutive month and expectations that inflation would be lower than forecast.

Angola's central bank unified its marginal lending facility with its basic interest rate as the BNA rate, which it said would now reflect the effective cost of providing liquidity to commercial banks.

Angola's central bank left its basic interest rate (BNA) at 18.0 percent and said it had sold 735.94 million euros to commercial banks in March, pushing up total sales this year to 2.246 billion from 1.510 billion in February.