Serbia: Base rate cut to 7.0%

Mon, 11/05/2015

The Executive Board of the NBS decided at its meeting to cut the base rate by 0.5 percentage points, to 7.0%, which is the lowest level ever.

Monetary easing was motivated by low inflation, a further decline in inflation expectations and arrangements with the IMF.

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