02
Feb
Chamwe Kaira Namibia’s stock of international reserves rose at the end of December 2025, supported mainly by net inflows of the South African rand and revaluation gains, the Bank of Namibia (BoN) has reported. Official reserves increased by 4.9% month-on-month to N$51.6 billion. The rise was driven by strong net rand inflows linked to portfolio investment, as well as favourable price movements in some fixed-income securities held by the central bank. At this level, the international reserves were sufficient to cover an estimated 3.3 months of imports. When oil and gas exploration and appraisal-related imports are excluded, import cover improves…
