Namibia central bank's key rate held steady at 7.75%

Namibia central bank's key rate held steady at 7.75%

© Reuters. FILE PHOTO: A logo of the Bank of Namibia is seen at the company's headquarters in Windhoek, Namibia, February 24, 2017.    REUTERS/Siphiwe Sibeko/File Photo

The southern African country’s repo rate has been at 7.75% since June 2023.

Namibia’s inflation edged up to 4.9% in annual terms in May from 4.8% in April.

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