 Bank Operations > >Financial Markets
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Financial Markets
The Financial Markets Department plays a very important role by managing the open
market operations at the Bank. The central bank may consider buying and selling
treasury bonds and bills as a way of controlling money in supply. This Department
also manages the funds that are lent to commercial banks for their liquidity purposes,
as well as managing the country’s foreign exchange reserves.
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Repo Rate |
7.0000% |
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Prime Rate |
11.2500% |
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NCPI (01/2010) |
6.3% |
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N$/US Dollar |
7.43800 |
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N$/GBP |
11.22660 |
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N$/Euro |
10.22130 |
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