Source: eKapija | Thursday, 11.03.2021.| 14:23
Highlight an article Print out the news

National Bank of Serbia Keeps Key Policy Rate at 1%

(Photo: ToskanaINC/
At its meeting today, the National Bank of Serbia (NBS) Executive Board voted to keep the key policy rate at 1%. In making the decision, the Board was guided by the continued stimulating effect of past monetary and fiscal policy measures and the announced third package of fiscal measures, the NBS announced.

– The economy contracted by 1% at year level, which is fully consistent with the projection emphasized by the NBS in the past several months – the board said in a press release.

The Executive Board expects inflation to stay stable and low and to move in the lower half of the target tolerance band in the coming period too. In addition, the board expects the continuation of the relatively robust FDI inflow.

The next rate-setting meeting will take place on April 13.
Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE