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

Namibia maintains repo rate throughout 2018

Namibia maintains repo rate throughout 2018

Written by Anna Salkeus on 05 December 2018.

WINDHOEK, 05 DEC (NAMPA) - The Bank of Namibia (BoN) has kept the repo rate unchanged at 6.75 per cent - maintaining it throughout 2018.
The decision was taken after a review of global, regional and domestic economic and financial developments by the reserve bank’s Monetary Policy Committee (MPC) bi-monthly meeting held on Tuesday.
BoN Governor Ipumbu Shiimi said during the last Monetary Policy announcement for 2018 here on Wednesday, the repo rate at this level remains appropriate to support and maintain t ...

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