business
Simonis expects BoN to raise repo rate to 7% in October
Simonis Storm expects the Bank of Namibia (BoN) to raise its repo rate by 25 basis points to 7% in October, citing the need to protect the Namibian Dollar’s peg to the South African Rand and respond to rising inflation.
Windhoek ObserverBy Staff Writer5 Oct 2026, 04:47 am
Simonis Storm expects the Bank of Namibia (BoN) to raise its repo rate by 25 basis points to 7% in October, citing the need to protect the Namibian Dollar’s peg to the South African Rand and respond to rising inflation.
Originally published by Windhoek Observer on 5 Oct 2026, 04:47 am. View original article