Serbia: Base rate cut to 6.5%

Wed, 03/06/2015

The Executive Board of the National Bank of Serbia (NBS) decided in its meeting to cut the base rate by 0.5 percentage points to 6.5%, which is the lowest level ever. Monetary easing was motivated by low inflation and further decline in inflation expectations.

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