Staff Writer
The Bank of Namibia’s Monetary Policy Committee (MPC) has decided to leave the repo rate at 6.75%, governor Ebson Uanguta announced today.
The central bank last adjusted the repo rate in June 2026, when it increased the rate by 25 basis points to 6.75%. The move was part of the Bank’s efforts to maintain price and financial stability while considering domestic and external economic conditions.
The latest decision will be closely watched for indications of the central bank’s assessment of inflation, economic growth, household borrowing costs and broader financial conditions.
The Bank of Namibia’s monetary policy decisions influence the cost of borrowing in the domestic economy, with changes in the repo rate generally affecting commercial banks’ lending rates.
This week’s MPC meeting was held under the theme “Navigating Economic Change: Implications for Monetary Policy and Resilience.”
