The Namibian Monetary Policy Committee (MPC) decided to leave the repo rate unchanged at 6% today (12 December 2014). This is the first meeting of the MPC since the South African Reserve Bank (SARB) kept the SA repo rate unchanged at 5.75% in November. According to the Bank of Namibia “The decision was taken to support domestic economic activities, while monitoring the effects of recent monetary policy decisions”. Please see the full report below.
Bank of Namibia keeps rates unchanged at 6% – 12 December 2014
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