Regulatory Alerts2008-01-15
Monetary Policy Programme of the National Bank of Serbia in 2008
The National Bank of Serbia issued its 2008 Monetary Policy Programme to maintain price stability within a 3% to 6% inflation corridor and ensure financial system stability. The central bank will primarily utilize the key policy rate to manage inflation, while employing reserve requirements and foreign exchange interventions only as supporting instruments. Additionally, the programme outlines efforts to develop an efficient interbank money market and reduce euroization to restore trust in the dinar.
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