 Logo of the Bank of Namibia | |
| Headquarters | Robert Mugabe Avenue, Windhoek, Khomas Region, Namibia |
|---|---|
| Established | 9 July 1990 |
| Ownership | 100% state ownership[1] |
| Governor | Johannes !Gawaxab |
| Central bank of | Namibia |
| Currency | Namibian dollar NAD (ISO 4217) |
| Reserves | 1 680 million USD[1] |
| Bank rate | 4.25% |
| Preceded by | South African Reserve Bank |
| Website | www |
The Bank of Namibia (BoN) is the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. It is located in the capital city of Windhoek. The Bank of Namibia was established in 1990[2] by the Bank of Namibia Act, 1990 (Act 8 of 1990).[3] The Bank of Namibia is the only institution that is permitted to issue the Namibian dollar by authority that has been given to it under an Act of the Namibian Parliament. The head of the Bank of Namibia is the Governor of the Bank of Namibia.
- ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
- ^ Sherbourne, Robin. Guide to the Namibian Economy 2013/14. Institute for Public Policy Research, Namibia. p. 14. ISBN 978-99945-78-14-6.
- ^ "Bank of Namibia Act, 1990". Government Gazette of the Republic of Namibia. No. 42. 9 July 1990.