Repo rate increases to 7%
The Bank of Namibia has decided to increase the repo rate to 7% Making the announcement on Wednesday, Bank of Namibia governer Ebson Uanguta said the decision was taken unanimiously. This brings the prime lending rate to 10.5%. “Following a comprehensive review of economic developments and extensive deliberations, the monetary policy comittee decided to increase […] The post Repo rate increases to 7% appeared first on The Namibian .