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Angola delivers another big rate cut as inflation falls to single digits

Locals walk along the central bank building in the capital Luanda, Angola. June 7,2016. REUTERS/Ed Cropley/File Photo

LUANDA, Sept 15 (Reuters) – Angola’s central bank cut its key lending rate by 100 basis points (bps) on Tuesday, its third reduction in a row after inflation fell to single digits for the first time in more than a decade.

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