The Bank of Namibia has kept the Repo rate steady at 6.75%, a move widely anticipated by analysts, following the Monetary Policy Committee’s (MPC) third bi-monthly meeting held on 16 and 17 June 2025.
The central bank said the decision was aimed at continuing to safeguard the peg between the Namibia Dollar and the South African Rand, while providing support to the domestic economy.
“The MPC unanimously decided to keep the Repo rate unchanged at 6.75 percent,” the Bank of Namibia said.
The decision follows a detailed assessment of current and expected economic trends at domestic, regional, and global levels.
For consumers with home loans and other credit facilities linked to the Repo rate, the decision means their monthly repayments will remain unchanged, offering some stability in household budgets for at least the next two months.
The central bank noted that it will continue to monitor developments and stands ready to adjust the policy rate should conditions warrant.
