The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

(Special for CAFS) Namibia maintains repo rate at 6.75 percent

Contributed by NAMPA / Xinhua.

WINDHOEK, Feb. 14 (Xinhua) -- Namibia's Central Bank at the first Monetary Policy Announcement of 2018 on Wednesday, announced that it would leave the repo rate unchanged at 6.75 percent.
The Governor of the Bank of Namibia, Iipumbu Shiimi said that the move is deemed appropriate to continue supporting domestic economic growth, while maintaining the one-to-one link between the Namibia Dollar and the South African Rand.
During his announcement Shiimi said the domestic economy is estimated to have ...

 

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