Windhoek, The Monetary Policy Committee (MPC) of the Bank of Namibia on 13 and 14 October held its fifth bi-monthly meeting of 2025 to decide on the appropriate monetary policy stance for the next two months.
To continue supporting the domestic economy while safeguarding the peg between the Namibia Dollar and the South African Rand, the Monetary Policy Committee decided to reduce the Repo rate by 25 basis points 6.50%.
This decision followed a comprehensive review of current and expected domestic, regional and global economic developments.
