Namibia leaves interest rate steady at 5.5 percent

WINDHOEK (Reuters) - Namibia's central bank left its main lending rate unchanged at 5.5 percent on Wednesday, taking advantage of a moderate inflation environment to try and support economic growth in the mineral-rich southern African nation.

Bank of Namibia Governor Ipumbu Shiimi said inflation was low and expected to remain steady, while the economy was growing at a slower pace compared with 2012 levels.

• Finance
• Central Banks
• Namibia

Source: http://news.yahoo.com/namibia-leaves-interest-rate-steady-5-5-percent-093318169--business.html
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