Regulatory Alerts2019-12-17
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Monetary Policy Programme of the National Bank of Serbia in 2020
The National Bank of Serbia sets its 2020 inflation target at 3.0% with a tolerance band of ±1.5 percentage points to maintain price stability and support sustainable economic growth. The central bank will utilize the key interest rate, reserve requirements, and managed floating exchange rate interventions to achieve this target while promoting the use of the dinar and reducing currency risk. Additionally, the programme outlines continued efforts to enhance financial system stability, reduce non-performing loans, and improve payment system efficiency through transparent communication and macroprudential measures.
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