News

NBS Increases Key Policy Rate for the Second Time in a Row

Thursday, 12. Maj 2022.

At today’s meeting, the NBS Executive Board voted to raise the key policy rate by 50 bp, to 2%.

The Executive Board also decided to increase the deposit and lending facilities rates by 50 bp each, to 1% and 3%, respectively.

– Such decisions were made as inflationary pressures in the global and domestic markets continued to be stronger and more persistent than anticipated, calling for additional monetary tightening in order to contain second-round effects on inflation expectations and a further rise in inflation – the NBS announced.

As said, with a view to curbing inflation in the coming period, the Board raised the key policy rate for the second consecutive time, thereby proceeding with monetary policy tightening, which began last October through gradual increasing of the weighted average rate in the auctions of repo sale of securities – by total 110 bp to date.

Also, it is pointed out that the Executive Board stresses that interventions by selling foreign exchange in the local FX market had a twofold effect – they not only maintained relative stability of the exchange rate, but also helped tighten monetary conditions by absorbing a substantial amount of dinar liquidity.


Source: eKapija

23. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.5042

19. Maj 2022.
Third Attempt to Sell Gamzigradska Banja Falls Through Due to Lack of Interested Buyers

19. Maj 2022.
Czech Company Buys Slovenian Footwear Producer Alpina

18. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.4762

17. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.4754

16. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.5607

16. Maj 2022.
Greiner Packaging New Owner of Termoplast

13. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.5936

12. Maj 2022.
Momirovic: Serbia Wants to Be Part of Big Investment Plan Saudia 2030, Worth Over USD 100 Billion

12. Maj 2022.
Austrian Company Feller to Open Power Cord Production Facility in Subotica

11. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.6219

10. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.6164

10. Maj 2022.
NIS Continues Exploitation of Gas in Srbobran – Ministry of Environmental Protection Gives Green Lig

09. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.6039

08. Maj 2022.
Eurodiesel at RSD 202 per Liter, Europremium RSD 180 Until May 13

06. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.6323

05. Maj 2022.
Bogicevic: No Agreement on Sale of Politika for Now

05. Maj 2022.
Dinar-to-euro exchange rate at RSD 117.6447

05. Maj 2022.
Mihajlovic: Gas Interconnection with Bulgaria to Be Completed by September 2023

29. Apr 2022.
Industrial Facilities and Building Land of Azotara Subotica Offered for RSD 101 Million

29. Apr 2022.
Dinar-to-euro exchange rate at RSD 117.6768

28. Apr 2022.
Dinar-to-euro exchange rate at RSD 117.6791

27. Apr 2022.
Gazprom Stops Gas Deliveries to Poland and Bulgaria

27. Apr 2022.
Factory and Equipment of Interlemind from Leskovac up for Sale – Initial Price RSD 196.18 Million

26. Apr 2022.
Serbian February average net monthly wage at 70,605 dinars

26. Apr 2022.
Musk Buys Twitter

26. Apr 2022.
Dinar-to-euro exchange rate at RSD 117.6346

25. Apr 2022.
Telekom Srbija to Enter EU Stock Exchange – Decision to Be Made on May 4

21. Apr 2022.
Dinar-to-euro exchange rate at RSD 117.6605