The recent weakening of the South African Rand has undoubtedly triggered the erosion of the primary benefits of the fixed exchange rate embedded in the Common Monetary Area (CMA) agreement. The ...
THE Bank of Namibia says while it cannot rule out the possibility of the existence of counterfeit currency in the market, the country continues to record low volumes and incidents of counterfeit notes ...
Finance Minister Erica Shafudah said the combined approach allows Namibia to settle the external bond without straining ...
Namibia is growing tired of the economic pain caused by the volatile South African rand and is considering ending a 25-year-old peg to the currency of its larger neighbor. The government in Windhoek ...
Namibia is ruling out dropping its currency peg with the South African rand “unless something very drastic happens,” given the close trade links to its larger neighbor and the drive by the world’s ...
Rating Action: Moody's downgrades the long-term local currency deposit rating of First National Bank of Namibia to Ba3 following the downgrade of the Namibian sovereign Global Credit Research - 14 Dec ...
Cryptocurrency exchanges are not allowed in Namibia under a decades-old law, and merchants in the African country may not accept them as payment for goods and services, the nation's central bank has ...
WINDHOEK, April 6 (Xinhua) -- Namibia's central bank has announced intentions to launch its central bank digital currency (CBDC) following a release of the bank's FinTech regulatory framework amid the ...
Q: What is the West African CFA Franc worth against the Namibian Dollar? A: One West African CFA Franc is worth 0.0296 Namibian Dollars today Q: Is the West African CFA Franc going up or down against ...