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Namibia Joins Central Banks’ Gold Rush to Hedge Against Shocks

Summary by Bloomberg
Namibia’s central bank plans to join others that are adding gold to their foreign-exchange reserve mix as a buffer against global uncertainty that’s intensified since US President Donald Trump slapped tariffs on its trading partners.

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Namibia Joins Central Banks’ Gold Rush to Hedge Against Shocks

Namibia’s central bank plans to join others that are adding gold to their foreign-exchange reserve mix as a buffer against global uncertainty that’s intensified since US President Donald Trump slapped tariffs on its trading partners.

·United States
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Bloomberg broke the news in United States on Friday, May 2, 2025.
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Similar News Topics

Central Bank

Central Bank

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Namibia

Namibia

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