2010-05-14

Decision on the National Bank of Serbia Discount Rate

The Monetary Policy Committee of the National Bank of Serbia mandates that the central bank's discount rate shall equal 100 percent of the key policy rate applied in its money market operations. This directive replaces the prior 2003 discount rate decision and specifies that the rate must be expressed in percentages with two decimal places. The regulation takes effect one day after its official publication in the Republic of Serbia's Official Gazette.

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