Monetary Committee Leaves Repo Rate at 6.75% – News Stand

Monetary committee leaves repo rate at 6.75% – News Stand

Allexer Namundjembo The Monetary Policy Committee (MPC) of the Bank of Namibia (BoN) has maintained the repo rate at 6.75%.  The decision was made during its fourth bimonthly meeting of 2025, held on 11 and 12 August. The committee said the decision aims to safeguard the peg between the Namibian dollar and the South African rand while supporting domestic economic activity.  This follows the South African Reserve Bank’s decision in July to cut its

Namibia holds repo rate at 6.75% to support economy

The Bank of Namibia’s Monetary Policy Committee (MPC) unanimously decided to keep the Repo rate unchanged at 6.75%. This decision aims to safeguard the one-to-one peg between the Namibian Dollar and the South African Rand while continuing to support the domestic economy. The announcement follows the MPC’s bi-monthly meeting held on 11th and 12th August. …