Serbia Holds Rate With Snap Election Set to Boost Spending
4 Articles
4 Articles
Serbia Holds Rate With Snap Election Set to Boost Spending
Serbia extended an interest-rate pause tracking back almost two years, with policymakers weighing the impact of higher global oil prices and the government expected to embark on spending splurge ahead of a snap election.
The National Bank of Serbia kept the reference interest rate at the level of 5.75 percent, the central bank announced.
The National Bank of Serbia kept the reference interest rate at 5.75 percent. The NBS expects inflation to be around four percent in September.
The Executive Board of the National Bank of Serbia decided at today's session to keep the reference interest rate at the level of 5.75 percent, as well as to keep it unchanged
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