Bank of Namibia raised repo rate to 6.75%

Allexer Namundjembo Bank of Namibia Governor, Ebson Uanguta announced on Wednesday that the repo rate will increase by 25 basis points to 6.75%, effective immediately. The prime lending rate also increased by 25 basis points and moved to 10.25% Governor Uanguta said the Monetary Policy Committee decided to tighten policy to counter rising inflation and […]

Allexer Namundjembo

Bank of Namibia Governor, Ebson Uanguta announced on Wednesday that the repo rate will increase by 25 basis points to 6.75%, effective immediately.

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