2026-07-29

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Meeting of the National Bank Council

The National Bank Council adopted its Quarterly Report, confirming that macroeconomic indicators are largely consistent with April forecasts, with a stable external position and appropriate foreign reserves. The report notes accelerated domestic inflation in the second quarter, remaining relatively high despite gradual deceleration, and resilient economic activity with solid growth in banking sector deposits and loans. In the second quarter of 2026, the National Bank increased the policy rate by 0.25 percentage points, raising it to 4.25%.

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North Macedonia

National Bank of the Republic of North Macedonia

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