US EditionRepo rate expected to remain unchanged – News Stand
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Repo rate expected to remain unchanged – News Stand
Chamwe Kaira The repo rate is expected to remain unchanged at 6.75% for the rest of the year. The Bank of Namibia (BoN) aims to narrow the interest rate gap with South Africa, which currently stands at 25 basis points, in order to maintain stable capital flows. The central bank kept the repo rate unchanged during its June meeting. “This decision reflects its commitment to maintaining the currency peg with the South African rand while also supp
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