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    • Namibian Dollar (NAD)

Namibian Dollar (NAD) Newsletter
  • Cryptocurrencies not legal tender, Bank of Namibia insists 20 Jan 2025 14:27 GMT

    … Namibia,” Zemburuka said. A fiat currency is the national currency (such as the Namibia dollar … collaboration with the Namibia Financial Institutions Supervisory … Malawi, a Windhoek forex trader who said it … as legal tender in Namibia. – email: matthew …

  • 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 …

  • Reserves increase to N$63 billion 06 Feb 2025 16:05 GMT

    … N$5.6 billion of currency in circulation and remained adequate … to sustain the currency peg between the Namibia dollar and South African …

  • 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 ( …

  • Market Recap 27 January to 2 February 2025 05 Feb 2025 04:37 GMT

    … N$5.4 million. The Namibian Dollar faced broad pressure across major …

  • The paradoxical effect of trumponomics: Lesson for African leaders 05 Feb 2025 00:18 GMT

    … abandon the US dollar as a global currency. These significant … result in a single currency. Namibia must become economically self … for the entire region, Namibia should work to strengthen … , and industry competition. Namibia must prioritize public service and …

  • 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 …

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