Regulatory Alerts2017-12-12
Monetary Policy Programme of the National Bank of Serbia in 2018
The National Bank of Serbia issued its 2018 Monetary Policy Programme to maintain price stability with an inflation target of 3.0% plus or minus 1.5 percentage points. The central bank will utilize the interest rate on main open market operations as its primary instrument while continuing a managed floating exchange rate regime to curb excessive volatility. Additionally, the document outlines ongoing efforts to reduce non-performing loans, implement a dinarisation strategy, and coordinate macroprudential measures to strengthen financial system resilience.
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