Fitch Ratings has upgraded Angola's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'B-' from 'CCC'. The Outlook is Stable.

Angola's central bank postponed the final decision and announcement of its monetary policy decision until Thursday, Sept. 30 from today, as was scheduled.

Fitch Ratings has affirmed Angola's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'CCC'.

Angola's central bank left its benchmark interest rate steady but raised the rate on its permanent liquidity absorption facility, saying there are persistent inflationary pressures in the economy despite a stable exchange rate and contained aggregate demand.