Dinar loans become more expensive: NBS raises key policy rate

BizLife 08.04.2022  |  BIZLife
Dinar loans become more expensive: NBS raises key policy rate

At today’s session, the Executive Board of the National Bank of Serbia decided to increase the key policy rate from one percent to 1.5 percent.

As stated, the Executive Board takes into account that inflationary pressures on the global and domestic markets are stronger and more persistent than previously expected and that this requires further tightening of monetary conditions in order to limit the secondary effects on inflation expectations. This interest rate, according to the NBS website, has the role of a signalling interest rate, as well as the role of a starting interest rate on the market, since the

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