Namibian Dollar (NAD)

QUOTE AND NEWS
Mining Weekly  May 10  Comment 
An initial public offering for Namibian diamond miner Namdeb Diamond is not on the cards, the group's financial manager said on Tuesday. Markus Lubbe was responding to questions raised after MD Inge Zaamwani-Kamwi mentioned an IPO as one possible...
Reuters  Apr 6  Comment 
Namibia will borrow 10.1 billion Namibian dollars in this current financial year to fund its fiscal deficit, Finance Minister Saara Kuugongelwa-Amadhila said.
Reuters  Oct 29  Comment 
Namibia's central bank Governor Ipumbu Shiimi said on Thursday the outflow of funds from the southern African nation is worrying and urged banks to provide quality services to the poor and small- and medium-sized businesses.
Reuters  May 20  Comment 
High global diamond stocks and lower consumer demand partly hit output and sales at Namibian producer Namdeb Diamond Corp. last year, but the company said on Thursday it expected a recovery in 2010.




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The chart at left shows the USD/NAD Currency Pair; the number of Namibian Dollars equivalent to 1 U.S. Dollar (USD).

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