Namibia

Bank of Namibia Maintains Repo Rate at 7.75%: Economist weighs in on consumer spending

today18 April, 2024

Background

The Bank of Namibia has announced its decision to retain the repo rate at 7.75%. This move aligns with the forecasts of economist Robert McGregor from Cirrus Capital, meeting the expectations set prior to the regulator’s Monetary Policy Committee meeting.

 

Written by: Leonard Witbeen