Allgemeine Zeitung
The Namibian dollar is pegged to the South African Rand. Photo Reuters The Namibian dollar is pegged to the South African Rand. Photo Reuters
MW Main

Breaking the peg can cause hyperinflation

June 16, 2023
The controversy surrounding Namibia breaking the peg arrangement with South Africa can lead to hyperinflation, analysts have warned.If the peg breaks, considering that Namibia is dependent on imports from South Africa, Namibia’s exchange...
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