NBS keeps benchmark interest rate the same

The National Bank of Serbia (NBS) said on Thursday that it would keep its key policy rate unchanged.

At its meeting yesterday, the NBS Executive Board voted to keep the benchmark interest rate the same as in previous nine months, i.e. at 6.50%.

The rates on deposit (5.25%) and lending (7.75%) facilities are also unchanged, a press release said.

It said the decision was taken because of declining global inflationary pressure, current medium-term inflation projections, and global uncertainty over energy and primary commodity prices.

“The Executive Board stresses that future monetary policy decisions will depend on the movement of key inflation factors at home and abroad and on the pace of domestic inflation’s further slowdown. Decisions will be made taking into account the maintenance of financial stability and favourable growth prospects,” the press release said.

(Biznis.rs, 12.04.2024)



This post is also available in: Italiano

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