Regulatory Alerts2015-12-15
National Bank of Serbia 2016 Monetary Policy Programme
The National Bank of Serbia established a 4.0% plus or minus 1.5 percentage point inflation target for 2016 to maintain medium-term price stability. The central bank will pursue an expansionary monetary policy using interest rates and reserve requirements to support economic recovery while managing exchange rate volatility. Additionally, the institution committed to coordinating with fiscal authorities and implementing a dinarisation strategy to enhance monetary policy efficiency and financial system resilience.
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