Bank of Namibia holds policy rate at 6.75%
Central bank maintains cautious stance as inflation eases and growth continues
The Bank of Namibia today (June 18) held its policy repurchase rate at 6.75%.
It said its decision aimed to strike a balance between supporting the country’s economic recovery and maintaining the fixed exchange rate between the Namibian dollar and the South African rand.
The central bank said Namibia’s economy had shown moderate growth in the first four months of 2025, though at a slower pace than during the same period last year.
Inflation slowed to 3.5% in May, down from 3.6% the previous month
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