How will the NBS interest rate hike affect loan repayments and the Serbian dinar?
B92 pre 13 minuta
Monthly repayments on dinar-denominated loans will rise slightly following the National Bank of Serbia's decision to increase its key policy rate, but the change should not significantly affect household living standards, said Ivan Nikolić.
Nikolić, President of the NBS Council of Governors, told Serbian public broadcaster RTS, stressed that maintaining living standards in 2027 would depend largely on wages continuing to grow faster than inflation. The NBS raised its key policy rate for the first time in two years following an acceleration in inflation in September and October. It also increased its deposit and lending facility rates. "Interest rates on dinar loans will be somewhat higher. However, a
