News

Key Policy Rate Remains at 1%

Thursday, 13. Jan 2022.

At its meeting today, the National Bank of Serbia (NBS) Executive Board voted to keep the key policy rate on hold, at 1%, the NBS announced.

As added, since October 2021 the NBS has been gradually reducing its monetary policy accommodation by increasing the weighted average interest rate in reverse repo auctions whereby it mops up excess liquidity from the banking system for a period of one week, as well as the percentage of excess dinar liquidity withdrawn in those auctions.

The next rate-setting meeting of the Executive Board is scheduled for February 10.


Source: eKapija

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