Namibia cuts repo rate.

BANKING AND CREDIT NEWS-June 18, 2020--Namibia cuts repo rate

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Global Banking News - 18 June 2020

The Namibian central bank has said that it has cut its repo rate.

The central bank has decided to cut the repo rate by 25 basis points, from 4.25 percent to 4 percent. The apex bank said that the move would support the local economy.

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