EAN in the news

Namibia’s rand quandary – Windhoek Observer


18 Dec 2017


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Economic Association of Namibia (EAN) Executive Director, Klaus Schade, said although he was not aware of the Government’s alternatives, it would more likely be a basket of currencies.

Schade, however, cautioned that any planned delink has to be strategic. “I’m not sure what Government alludes to, but an alternative to the one-to-one link to the ZAR could be basing the NAD on a basket of currencies, which would make it less vulnerable to one currency,” he said.