The decision comes after a 50 basis point (bps) hike at its previous policy meeting in June and two 25 bps hikes in April and February
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Namibia's central bank kept its main lending rate unchanged at 7.75% on Wednesday.
The decision comes after a 50 basis point (bps) hike at its previous policy meeting in June and two 25 bps hikes in April and February.
The southern African country's inflation has shown signs of abating, with annual inflation in July coming in at 4.5% compared with 5.3% in June.
(Reporting by Nyasha Nyaungwa; Writing by Bhargav Acharya; Editing by Alexander Winning)
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