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International Information Centre for Balkan Studies



NBS keeps key policy rate unchanged

December 9, 2021
The Serbian central bank (NBS) said on Thursday that the key policy rate would remain unchanged at the level of one percent.
A press release from the NBS Governor’s office said that the relative stability of the exchange rate would also remain firm and recalled that y.o.y. inflation stood at 6.6 percent in October while base inflation stood at 2.7 percent. The NBS said that it expects the rise in flation to be temporary, slowing down in the second quarter of 2022.
The press release said that the NBS Executive Board decided at its latest meeting that medium-term price and financial stability will remain a priority in monetary policy. It said that support would be provided to ensure faster economic growth and employment, help export growth and create a more favorable investment environment.
Source:  https://rs.n1info.com/english/news/serbian-central-bank-keeps-key-policy-rate-unchanged-4/

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