Key Policy Rate Reduced to 1%
– By making such decision, the Executive Board is providing additional support to the domestic economy, having in mind the scale of the pandemic-induced crisis worldwide, renewed worsening of the epidemiological situation and economic slowdown globally, and especially in Europe – it is said on the bank’s website.
After this cut, the key policy rate is by 1.25 percentage points lower than before the pandemic.
At the same time, the NBS decided to narrow the main interest rate corridor, from ±1.0 percentage point to ±0.9 percentage points relative to the key policy rate, whereby the deposit facility rate was reduced by 15 basis points, to 0.1%, and the lending facilities rate by 35 basis points, to 1.9%.
Most Important News
11.03.2024. | Healthcare
Are Marketing Experts Reading Our Minds? – eKapija Investigates: What Neuromarketing Is and How Much It Is Used in Serbia
11.03.2024. | Construction, Transport
Tender for Continuation of Construction of Patrijarha Pavla Blvd Stopped – Contractors Demanding Price Higher Than Estimated
11.03.2024. | Construction, Transport
11.03.2024. | Construction, IT, Telecommunications
Auction for 5G Network by End-Year, Minister Announces
11.03.2024. | Construction, IT, Telecommunications
27.03.2024. | Industry, Transport, Finance
City to Waive Over 30 Zemun and Palilula Bus Lines to Private Transporters – Draft Public-Private Partnership for 10-Year Period Ready, Job Worth Half a Billion Euros
27.03.2024. | Industry, Transport, Finance
17.01.2024. | Industry, Healthcare
Ceremony of Opening of Centers of Excellence in Kragujevac Planned for Spring – Official Beginning of Operations in June
17.01.2024. | Industry, Healthcare
27.03.2024. | Construction, Healthcare
Contractors for Construction of Tirsova 2 to Be Sought in Competitive Procedure with Negotiation – State Opens New Tender, Price Remains Same
27.03.2024. | Construction, Healthcare