Regulatory Alerts2022-12-12
Monetary Policy Programme of the National Bank of Serbia in 2023
The National Bank of Serbia establishes a 3.0% inflation target with a ±1.5 percentage point tolerance band through the end of 2025 to maintain price stability and support sustainable economic growth. The central bank will utilize the key policy rate and managed floating exchange rate regime to manage liquidity and mitigate excessive currency volatility while maintaining adequate foreign exchange reserves. Additionally, the programme outlines commitments to financial system stability, the reduction of non-performing loans, and the promotion of dinarisation through prudential measures and payment infrastructure development.
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