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Serbia: Key Rate Kept Untouched
Politics ♦
Published: February 14, 2014; 10:35 ♦ (Vindobona)
The board of the National Bank of Serbia (NBS) underlined the importance of a cautious monetary policy in the light of the current economic developments.
Serbia: Key Rate Kept Untouched / Picture: © National Bank of Serbia
At its meeting yesterday, the NBS Executive Board decided to keep the key policy rate at 9.5%. Reaffirming its commitment to keeping inflation at the target level on a durable basis, the Executive Board accentuated the need for a cautious monetary policy, particularly in light of the developments and expected liquidity strains in international financial markets. Despite significant…
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