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Angola keeps rates on hold as kwanza s fall stokes inflation pressure

(Reuters) -Angola s central bank kept its main interest rate unchanged at 17% on Friday, citing a sharp depreciation of the local kwanza currency that is stoking inflationary pressure.

Angola Surprises by Holding Interest Rates as Inflation Soars

Angola Surprises by Holding Interest Rates as Inflation Soars
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Angola s president appoints Dias as new central bank governor

LUANDA (Reuters) - Angolan President Joao Lourenco has appointed Manuel Tiago Dias as the new central bank governor, a government statement said on Friday.

Angola s kwanza is Africa s worst-performing currency so far this year

JOHANNESBURG (Reuters) - Angola s kwanza is Africa s weakest currency against the dollar so far this year after a 21% plunge in the past month, with analysts flagging low oil prices and an increase in debt payments pushing the central bank to stop propping it up.

Angolan president fires economic coordination minister amid fuel protests

Angolan President Joao Lourenco has fired the country's economic coordination minister and replaced him with the central bank governor in the wake of deadly protests over a reduction in a fuel subsidy.

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