Foreign Exchange Reserves in Namibia increased to 35399.57 NAD Million in July from 31758.97 NAD Million in June of 2020.

Foreign Exchange Reserves in Namibia averaged 14200.03 NAD Million from 2003 until 2020, reaching an all time high of 35548.51 NAD Million in April of 2020 and a record low of 1783.20 NAD Million in June of 2004. This page provides - Namibia Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Foreign Exchange Reserves - values, historical data and charts - was last updated on October of 2020. source: Bank of Namibia

Foreign Exchange Reserves in Namibia is expected to be 35300.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Namibia to stand at 34000.00 in 12 months time. In the long-term, the Namibia Foreign Exchange Reserves is projected to trend around 35000.00 NAD Million in 2021 and 35500.00 NAD Million in 2022, according to our econometric models.

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Namibia Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
35399.57 31758.97 35548.51 1783.20 2003 - 2020 NAD Million Monthly
Current Prices, NSA

Namibia Money Last Previous Highest Lowest Unit
Interest Rate 3.75 4.00 10.50 3.75 percent [+]
Money Supply M1 60864.40 60025.00 61276.40 1181.60 NAD Million [+]
Money Supply M2 123823.20 123869.10 123869.10 15670.40 NAD Million [+]
Foreign Exchange Reserves 35399.57 31758.97 35548.51 1783.20 NAD Million [+]
Deposit Interest Rate 5.70 5.90 12.94 3.98 percent [+]
Lending Rate 7.50 7.75 24.20 7.50 percent [+]
Money Supply M0 7405.14 7273.61 11104.43 857.78 NAD Million [+]
Central Bank Balance Sheet 35706.60 32548.10 39017.70 2526.62 NAD Million [+]

Namibia Foreign Exchange Reserves
In Namibia, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.