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    • Namibian Dollar (NAD)

Namibian Dollar (NAD) Newsletter
  • Namibia’s foreign assets increase to N$288 billion 19 Dec 2024 19:17 GMT

    … basis, the Bank of Namibia said in its December quarterly … said. The Bank of Namibia added that increased direct investment … a decrease in claims of currency and deposits to non- … . The appreciation of the Namibian dollar against major currencies further exerted …

  • Aussie dollar, shares take a hit as US rate hopes fade 19 Dec 2024 00:52 GMT

    … close on Wednesday. The currency has dropped nearly 10 per … pushing yields and the US dollar higher and tightening financial conditions … developing a uranium mine in Namibia. On the flip side, … to 8,415.0. CURRENCY SNAPSHOT: One Australian dollar buys: * 62.20 …

  • Why Forex Trading Is So Popular in South Africa? 09 Dec 2024 20:28 GMT

    … creation and investment. Forex trading offers an attractive … of the forex market and how currency exchange works … Africa, Namibia, Lesotho, and Eswatini. Additionally, the Namibian dollar, the … their skills. Additionally, forex trading schools and mentorship …

  • Namibia’s electricity prices the highest in southern Africa 19 Nov 2024 18:46 GMT

    … on costly imported power. Namibia has imported electricity to meet … energy opportunities for Namibia, in 2021, Namibia imported more than … 2023, the United States dollar appreciated by almost 20% … report. The US dollar is the currency used for pricing power …

  • Namibia considers digital currency 19 Nov 2024 17:30 GMT

    … (CBDCs). The CMA covers Namibia, South Africa, Eswathini and … was hosted by Bank of Namibia (BoN) governor Johannes ! … to the country’s fiat currency. BoN spokesperson Kazembire Zemburuka … Currently, the Bahamas (sand dollar), Eastern Caribbean Central Bank ( …

  • Namibia’s power spending hits N$87b  08 Nov 2024 10:29 GMT

    … depreciation of the Namibian dollar against the United States dollar (USD) has … driven up expenditures in local currency terms. In addition, the … plays a critical role.  Namibia has moved away from … the delicate balance that Namibia’s electricity sector must …

  • Is a single African currency feasible? 04 Nov 2024 11:03 GMT

    … against the dollar. A single African currency would make the … a single African currency to alleviate currency exchange risks. Such … of creating a single currency. Firstly, each participating … Area includes South Africa, Namibia, Lesotho and Eswatini but …

  • Namibia eyes BRICS benefits through ties with South Africa 30 Oct 2024 21:18 GMT

    … systems, a push for local currency trade among BRICS nations, … on the U.S. dollar. The summit in Russia … initiatives that align well with Namibia’s green hydrogen ambitions. … alignment in strategic priorities underscores Namibia’s intention to leverage …

  • Can Namibia Avoid the‘Dutch Disease’ as GreenHydrogen Sector Emerges? 26 Oct 2024 11:34 GMT

    … and less competitive. With Namibia’s green hydrogen sector … ’s currency is pegged to another, as Namibia’s dollar is … as rapid currency appreciation. However, pegging the currency does not … create sustainable economic growth. Namibia has the opportunity to …

  • Namibia skips 2024 BRICS summit due to non-membership 24 Oct 2024 20:25 GMT

    … confirmed on Wednesday that Namibia’s participation in last … bloc’s increasing influence. “Namibia could gain from BRICS, … also raised concerns about Namibia’s relationship with other … currency could change global financial systems. While the U.S. Dollar

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