Bank of Namibia
| Headquarters | Windhoek , Namibia |
| founding | 1990 |
| president |
Johannes! Gawaxab (since June 1, 2020) |
| country | Namibia |
| currency |
Namibian Dollar (N $) |
| ISO 4217 | NAD |
| Currency reserves | N $ 35.4 billion (August 2020) |
| Base loan rate | Repo: 3.75% (August 19, 2020) Prime: 7.50% (August 19, 2020) |
| Website | |
| List of central banks | |
The Bank of Namibia ( English Bank of Namibia , BON) is the central bank of Namibia and thus operates the currency and monetary policy for the Namibia dollar . This is linked 1 to 1 to the South African rand , which is why the repo interest rate must be kept the same as that in South Africa .
The Bank of Namibia was established in 1990 and is administered by a board of directors. This consists of the governor, the deputy governor, the permanent envoy from the Treasury , a member of the public service and four other representatives of the public.
The bank is headquartered in Windhoek , with a branch in Oshakati .
In March 2020, Governor Iipumbu Shiimi moved to the Ministry of Finance as Minister . He was temporarily succeeded by Lieutenant Governor Ebson Uanguta as head of the central bank. On April 21, 2020, Johannes! Gawaxab was appointed governor with effect from June 1, 2020 - until December 1, 2021.
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- ↑ Note: This article contains characters from the alphabet of the Khoisan languages spoken in southern Africa . The display contains characters of the click letters ǀ , ǁ , ǂ and ǃ . For more information on the pronunciation of long or nasal vowels or certain clicks , see e.g. B. under Khoekhoegowab .
See also
Web links
- Official site of the Bank of Namibia (English)
- Promulgation of Bank of Namibia Act, 1990, of the National Assembly. Government Gazette of the Republic of Namibia No. 42 (PDF file; 1.2 MB)