BoN decreases repo rate by 25 basis points
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The Bank of Namibia has reduced the repo rate by 25 basis points from 7.5% to 7.25%.
Commercial banks are expected to reduce their prime lending rates by the same margin, from 11.25% to 11%.
The Bank of Namibia has reduced the repo rate by 25 basis points from 7.5% to 7.25%.
Commercial banks are expected to reduce their prime lending rates by the same margin, from 11.25% to 11%.