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National Bank of Serbia

RSD ยท Official Website

Latest Statement

โš–๏ธ Neutral
Key policy rate kept unchanged
2026-04-09

The National Bank of Serbia has decided to maintain the key policy rate at 5.75% in response to current and expected inflation trends, as well as external risks impacting inflation. The decision reflects ongoing efforts to preserve price stability amid rising global oil prices and geopolitical tensions.

โšก Rate
โ†‘0 โ†“0 โ†’1
๐Ÿ“ Classified Sentences
โšก Rate Holdmp_interest_rate
"The NBS Executive Board decided in today's meeting to keep the key policy rate unchanged at 5.75%, including the deposit and lending facility rates (4.5% and 7.0%, respectively)."

Economic Indicators

Policy Rate5.75%
USD/RSD100.14
GDP Growth3.0%
M2 Growth13.3%
10Y Yield5.07%
2y10y Spread+0.22%
HISTORICAL TRENDS
Policy Rate
6.505.75
FX Rate
103100
CPI
12.41.12
GDP
7.95-0.95
10Y Yield
5.355.07
2Y-10Y Spread
0.200.20
Stance
50.050.0

Recent Statements

Key policy rate kept on hold โš–๏ธ Neutral
2026-03-12
โšก Rate
โ†‘0 โ†“0 โ†’1
๐Ÿ“ Classified Sentences
โšก Rate Holdmp_interest_rate
"At its meeting today, the NBS Executive Board voted to keep the key policy rate at 5.75%."
Key policy rate kept on hold โš–๏ธ Neutral
2026-02-12
โšก Rate
โ†‘0 โ†“0 โ†’1
๐Ÿ“ Classified Sentences
โšก Rate Holdmp_interest_rate
"At its meeting today, the NBS Executive Board voted to keep the key policy rate at 5.75%."
Key policy rate kept on hold โš–๏ธ Neutral
2026-01-12
โšก Rate
โ†‘0 โ†“0 โ†’1
๐Ÿ“ Classified Sentences
โšก Rate Holdmp_interest_rate
"At its meeting today, the NBS Executive Board voted to keep the key policy rate at 5.75%."
Key policy rate kept on hold โš–๏ธ Neutral
2025-12-11
โšก Rate
โ†‘0 โ†“0 โ†’1
๐Ÿ“ Classified Sentences
โšก Rate Holdmp_interest_rate
"At its meeting today, the NBS Executive Board voted to keep the key policy rate at 5.75%."
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