{"id":22170,"date":"2011-06-22T13:05:00","date_gmt":"2011-06-22T17:05:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?guid=e95dc9b48ab39340a5bc56df4b728096"},"modified":"2011-06-22T13:05:00","modified_gmt":"2011-06-22T17:05:00","slug":"namibia-central-bank-holds-interest-rate-at-6-00","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/06\/22\/namibia-central-bank-holds-interest-rate-at-6-00\/","title":{"rendered":"Namibia Central Bank Holds Interest Rate at 6.00%"},"content":{"rendered":"<p><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \">The\u00a0<a href=\"https:\/\/www.bon.com.na\/\" style=\"text-decoration: none; color: rgb(55, 120, 205); \">Bank of Namibia<\/a><\/span><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \">\u00a0held its benchmark interest rate, the repurchase rate, at 6.00%.\u00a0 The Bank said: &quot;It is the view of the EC [Executive Committee] that the observed growth momentum at the beginning of the year that created an impression that recovery was consolidating was not firmly entrenched,&quot;&#8230;\u00a0&quot;The EC also observed that inflation has increased, but still remains in tolerable levels, especially the underlying inflation,&quot;<\/span><\/p>\n<div> <span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \"><br \/><\/span><\/div>\n<div><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \">The Namibian central bank also held its <a href=\"http:\/\/www.centralbanknews.info\/2011\/04\/central-bank-of-namibia-holds-policy.html\">interest rate<\/a> unchanged at its April meeting, after dropping the rate 75 basis points in December last year. \u00a0Namibia reported annual inflation of 5.2% in May, up from 4.8% in April.<\/p>\n<p><a href=\"http:\/\/www.centralbanknews.info\/\"  style=\"text-decoration: none; color: rgb(55, 120, 205); \">www.CentralBankNews.info<\/a><\/span><\/div>\n<div class=\"blogger-post-footer\"><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-1578259827120961835?l=www.centralbanknews.info' alt='' \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0Bank of Namibia\u00a0held its benchmark interest rate, the repurchase rate, at 6.00%.\u00a0 The Bank said: &quot;It is the view of the EC [Executive Committee] that the observed growth momentum at the beginning of the year that created an impression that &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22170","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22170"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22170\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}