The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the
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Repo rate remains unchanged at 3.75 per cent
Written by Suzith Tjitaura on 21 October 2021.
WINDHOEK, 21 OCT (NAMPA) - The Bank of Namibia’s Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 3.75 per cent, BoN Governor Johannes !Gawaxab has announced.
!Gawaxab, in a statement on Wednesday, said the MPC is of the view that the accommodative monetary policy remains appropriate to support the weak domestic economic activity that is still being weighed down by the COVID-19 pandemic.
“At this level, the repo rate is deemed appropriate to safeguard the one-to-one link betwe ...
