2013-07-17
The National Bank of Serbia established a 2013 monetary policy framework targeting annual inflation at 4.0% plus or minus 1.5 percentage points to support financial stability and economic growth. The central bank utilizes the interest rate on main open market operations as its primary instrument, while maintaining a managed floating exchange rate regime to mitigate excessive volatility. Additionally, the programme outlines commitments to transparent communication, the development of dinarisation strategies, and coordination with the government to ensure fiscal discipline and financial system stability.