{"id":20400,"date":"2025-12-03T11:10:49","date_gmt":"2025-12-03T09:10:49","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/namibia-central-bank-keeps-main-interest-rate-steady\/"},"modified":"2026-02-27T16:31:42","modified_gmt":"2026-02-27T14:31:42","slug":"namibia-central-bank-keeps-main-interest-rate-steady","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/namibia-central-bank-keeps-main-interest-rate-steady\/","title":{"rendered":"Namibia Central bank keeps main interest rate steady"},"content":{"rendered":"<div id=\"x_divRplyFwdMsg\">\n<div class=\"x_elementToProof\" data-olk-copy-source=\"MessageBody\"><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">Namibia&#8217;s Central bank left its main interest rate unchanged at 6.50% in a decision announced on Wednesday.<\/span><\/div>\n<\/div>\n<div><\/div>\n<div>The bank trimmed the repo rate by 25 basis points at its last monetary policy meeting in October to support domestic economic activity.<\/div>\n<div><\/div>\n<div>Namibia&#8217;s monetary policy is closely aligned with that of its neighbour South Africa (SA), as its local currency is pegged one-to-one to the SA Rand.<\/div>\n<div><\/div>\n<div>Since the last rate decision SA&#8217;s Central bank cut its main lending rate by 25 basis points to 6.75% after its inflation target was lowered to 3%.<\/div>\n<div><\/div>\n<div>The Bank of Namibia has welcomed, opens new tab SA&#8217;s lower inflation target, saying it will be good for price stability in Namibia also.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">Inflation in Namibia edged up to 3.6% year on year in October from 3.5% in September.<\/div>\n<div class=\"x_elementToProof\">&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":20401,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-20400","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":null,"news_description":"Namibia's Central bank left its main interest rate unchanged at 6.50%","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20400\/revisions"}],"predecessor-version":[{"id":24451,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20400\/revisions\/24451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/20401"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=20400"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=20400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}