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Namibia: BON Reduces Repo Rate to 7 Percent

Source link : https://www.afric.info/2024/12/05/news/namibia-bon-reduces-repo-rate-to-7-percent/

The Bank of Namibia has decided to cut the repo rate by 0.25%, bringing it to 7% from 7.25% Governor of the central bank, Johannes !Gawaxab, says the decision was unanimous. “To continue supporting the domestic economy while safeguarding the Namibian dollar to the South African rand, the monetary policy committee unanimously decided to reduce […]

Author : AFRICA-NEWS

Publish date : 2024-12-05 09:29:10

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