• Home
  • BUSINESS
  • Declining repo rate supports domestic activities

Declining repo rate supports domestic activities

The repo rate is the cost of borrowing for commercial banks from the central bank. A reduction in the repo rate will mean cheap borrowing for consumers from commercial banks.
Phillepus Uusiku
PHILLEPUS UUSIKUThe Bank of Namibia (BoN) and the South African Reserve Bank (SARB) have cut the repo rate several times since both countries announced states of emergency, closed
...

Comments

Namibian Sun 2025-07-10

No comments have been left on this article

Please login to leave a comment