Regulatory Alerts2007-01-12
Monetary Policy Programme of the National Bank of Serbia in 2007
The National Bank of Serbia issued its 2007 Monetary Policy Programme to maintain price stability by targeting core inflation within a 6±2% corridor. The central bank utilizes the two-week repo rate as its primary instrument while intervening in the foreign exchange market only under specific conditions to prevent significant oscillations or threats to financial stability. This framework emphasizes forward-looking decision-making based on inflation projections and aims to strengthen market-based monetary regulation and interbank liquidity management.
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