Serbia: Base rate cut to 6%

Fri, 03/07/2015

The Executive Board of the National Bank of Serbia decided at its meeting to cut the base rate by 0.5 percentage points, to 6%, which is the historically lowest level. Monetary easing was motivated by strong disinflationary pressures, prices in the international environment and the global market of primary commodities in the medium run.

Contact:
Dragana Stijelja
Junior Corporate Actions and Tax Specialist Global Securities Services Serbia
dragana.stijelja@unicreditgroup.rs