WINDHOEK, Dec 31 (Reuters) - Namibia's stock of foreign reserves declined at the end of November to a five-month low of 28.5 billion Namibian dollars($2.31 billion), according to central bank monetary and banking statistics seen by Reuters on Sunday.
The level of international reserves declined from 31.6 billion Namibian dollars ($2.56 billion) at the end of October, mainly due to exchange rate fluctuations and net commercial banks purchases of foreign currency, the Bank of Namibia said.
($1 = 12.3574 Namibian dollars)
(Reporting by Nyasha Nyaungwa; Editing by Matthew Mpoke Bigg)
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