Namibia’s Foreign Reserves Stand At US$1.89 Billion
Namibia’s preliminary stock of international reserves stood at 1.89 billion U. S. dollars (24.2 billion Namibian dollars) in June, representing an increase both on a monthly and annual basis, according to the central bank. Bank of Namibia Governor Iipumbu Shiimi said Wednesday the increase was largely a result of local institutional investors who decided to … Read more