NBS keeps the reference interest rate at 6%

The Executive Board of the National Bank of Serbia (NBS) decided at today's meeting to keep the reference interest rate at the level of 6.0%. Interest rates on deposit (4.75%) and credit facilities (7.25%) were kept at unchanged levels, the NBS announced.

When making the decision to keep the reference interest rate at an unchanged level, the Executive Board pointed out that the reference interest rate was reduced by a total of 50 basis points at the previous two meetings and that it is necessary to look at the effects of the adopted measures, as well as that, despite the return of inflation within the target limits, the caution still needs to be exercised in regards to the monetary policy of the NBS, the announcement concludes.

Narodna banka Srbije Beograd

NBS

reference interest rate