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Wednesday, August 19, 2020

Central Bank Rate Reductions in Namibia and Zambia

The Bank of Namibia’s repo rate was reduced by 25 basis points to a record low of 3.75%. This was the fifth cut since February, bringing the total drop since then to 275 basis points. The latest change matches the size of last month’s reduction at the South African Reserve Bank and will help maintain […]

* This article was originally published here

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