Benefits of pegging N$ to Rand outweigh delinking
Benefits of pegging N$ to Rand outweigh delinking 2021-04-30 The benefits from the current fixed one-to-one exchange rate arrangement between the Namibia Dollar and the South African Rand outweigh the costs, and delinking is not an option as it would severely negatively impact the domestic economy in various ways. Responding to the question about pegging from the Parliamentary Standing Committee on Economics and Public Administration this week, Deputy Governor of the Bank of Namibia (BoN) Ebson Uanguta said after a review, the peg is still necessary as it maintains stability in the domes...
Source: neweralive.na