Exchange rate changes come out as a result of the policy process and not as an independent objective. Greater nominal exchange rate changes, if these should materialize, is a concern for Namibia for reasons I already have touched upon. However, these consequences are not likely to be severe. Exchange rate fluctuations are nothing new to the financial and commercial community in Namibia.
The fact that their rate at 4.0% is lower than ours at 6.6% is entirely due to their lower starting point, which was due to the relatively mild nature of their early 1990s recession.