2010-12-24

Monetary Policy Programme of the National Bank of Serbia in 2011

The National Bank of Serbia issued its 2011 Monetary Policy Programme to gradually lower annual inflation from 6%±2 percentage points to 4.5%±1.5 percentage points by year-end. The central bank will utilize the two-week repo interest rate as its primary instrument to achieve this target while maintaining a managed floating exchange rate regime. Additionally, the document outlines commitments to dinarisation, financial system stability, and coordination with the Government to ensure sustainable fiscal policy.

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