Regulatory Alerts2025-12-15
Monetary Policy Programme of the National Bank of Serbia in 2026
The National Bank of Serbia issues its 2026 Monetary Policy Programme to maintain price stability with an annual inflation target of 3.0% plus or minus 1.5 percentage points until the end of 2028. The central bank will utilize the key policy rate, reserve requirements, and managed floating exchange rate interventions to manage liquidity and mitigate volatility while supporting financial system stability and the dinarisation strategy. Additionally, the programme outlines commitments to macroprudential oversight, consumer protection, digital payment development, and alignment with government fiscal policies and European integration objectives.
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