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Angola MPC: Analysts say rate cut unlikely

Angola’s Central Bank will be announcing their MPC decision this afternoon with analysts suggesting that a rate cut is unlikely, as they haven’t done so this year despite the economy facing many challenges in the wake of COVID-19 and a steep decline in oil prices. Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa for more.


Tue Jul 28 2020 | 11:23:25 GMT+0000 (Coordinated Universal Time)

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