Real policy interest rate now neutral
Both repo and inflation rate at 7%
The prime lending rate for local commercial banks currently stands at 10.75%.
Phillepus UusikuThe Bank of Namibia (BoN) announced a 25 basis points (bps) increase in the repo rate from 6.75% to 7%, hiking the prime lending rate from 10.5% to 10.75%.The Namib...
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