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4 months ago
Namibia's central bank leaves lending rate unchanged at 7 pct
April 12, 2017 / 10:24 AM / 4 months ago

Namibia's central bank leaves lending rate unchanged at 7 pct

WINDHOEK, April 12 (Reuters) - Namibia's central bank left its benchmark lending rate unchanged at 7 percent on Wednesday, saying the level was appropriate to support economic growth.

"This rate remains appropriate to support growth, while maintaining the 1-to-1 link between the Namibian dollar and the rand," said the central bank.

Reporting by Nyasha Nyaungwa; Writing by Nqobile Dludla; Editing by James Macharia

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