Windhoek, 18 June 2025 – The Bank of Namibia has decided to keep its repo rate at a steady 6.75% during its June monetary policy announcement, maintaining the status quo set in April. The central bank’s decision was likely influenced by ongoing inflationary pressures and the need to bolster economic stability amidst uncertain global economic conditions.
This decision means that the rates remain unchanged from their April figure, when the central bank last adjusted the interest rates. By holding the interest rates steady, the Bank of Namibia aims to provide consistent support to the nation's economy while allowing room for growth and stability in the face of external economic shifts.
The decision will be significant for borrowers and investors alike as they navigate the economic landscape. This stability in interest rates could encourage borrowing and investment, further boosting economic activity in Namibia. As local and global factors continue to evolve, all eyes will be on the Bank of Namibia for signs of future policy changes.
