Central bank hikes repo rate by 75 basis points

From 4.75% to 5.50%
The prime lending rates for local commercial banks increased from 8.50% to 9.25%.
Phillepus Uusiku
The rate at which commercial banks borrow from the central bank increased by 175 basis points (bps) thus far in 2022.The Bank of Namibia (BoN) at the fourth monetary policy announc ...

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Namibian Sun 2022-09-27

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