Regulatory Alerts2017-03-22
Monetary Policy Programme of the National Bank of Serbia in 2017
The National Bank of Serbia sets its 2017 inflation target at 3.0%±1.5 percentage points, lowering it from 4.0% to reinforce price stability and support sustainable economic growth. The central bank will utilize the interest rate in main open market operations as its primary instrument while maintaining a managed floating exchange rate regime to curb excessive volatility. Additionally, the programme emphasizes macroprudential measures, the resolution of non-performing loans, and the strategic promotion of dinarisation to enhance financial system resilience and monetary policy effectiveness.
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