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Serbia Central Bank Hikes Interest Rate Further

Por: RTTNews Business October 06, 2022

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Serbia's central bank raised its key interest rate for the seventh straight time in its October meeting in order to cool rising inflationary pressures that is posing a threat to the current economic growth.The executive board decided to increase the reference rate by 50 bps to 4.00 percent, in line with expectations.The previous hike was the same 50 basis points in September.Besides, both the rate on deposit facilities and the rate on... + full article



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