Central bank
The slight fall in inflation not enough to lower interest rates
The Central Bank is not expected to change the interest rates in todayâs last annual Monetary Policy Committee (PPK) meeting. Despite the expectation of a fall in inflation rates, markets are not predicting that the Central Bank will lower interest rates soon.
The secret is out
Bank governors have an obligation to talk openly and honestly and to issue warning whenever they see any kind of major danger lying ahead.
Comments made earlier this week by former finance minister and Bank of Greece Governor Yannis Stournaras clearly fulfilled this obligation.
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NBS keeps key policy rate at 8 percent
NBS keeps key policy rate at 8 percent
BELGRADE -- The Executive Board of the National Bank of Serbia (NBS) decided on Thursday to keep its key policy rate at the present level of eight percent.
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Mandatory reserves rate reduced by one percent
BELGRADE - The Executive Board of the National Bank of Serbia (NBS) decided on Thursday to reduce the rate of mandatory bank foreign exchange reserves from 28 to 27 percent for funding sources with the maturity date of up to two years, and to cut the rate from 21 to 20 percent for bank funding sources with the maturity date of over two years.
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NBS keeps key policy rate at eight percent
BELGRADE - The Executive Board of the National Bank of Serbia (NBS) decided Thursday to keep its key policy rate at the present level of eight percent, the central bank said in a release.
In making the decision, the Executive Board was guided by the fact that y-o-y inflation is still moving below the lower bound of the target tolerance band, the NBS said.
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Oil prices alone are not enough for optimism in economy
The positive atmosphere created by the low course of world oil prices did not last long. Following positive data about the U.S. economy, the possibility of the Fed moving forward interest rate increases has shattered the optimism brought by oil prices.
I’m going slightly mad
Being one of the few Turkish economy pessimists sometimes makes me question my knowledge of economics. Luckily, the International Monetary Fund (IMF)âs annual report on Turkey arrived just in time to confirm my economic sanity- as I found many of the recurrent themes from my columns in the report.
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Turkey keeps interest rates on hold as inflation stays high
The Turkish Central Bank kept interest rates on hold Nov. 20 and said it would keep monetary policy tight until the inflation outlook improves significantly.
The Central Bank is battling to rein in inflation even as the economy slows and conflict rages in neighboring countries.
Budget Committee Gives Bulgaria Gov't Green Light for New Borrowing
The Budget and Finance Committee at Bulgaria's Parliament has given the government a mandate to start talks over a fresh foreign borrowing of up to BGN 3 B.
The remaining BGN 1.5 B, out of BGN 4.5 B that the cabinet will additionally need for a planned budget update, are to be raised by issuing government securities on the domestic market.
Central bank trims key policy rate to eight percent
Central bank trims key policy rate to eight percent
BELGRADE -- The National Bank of Serbia (NBS) decided to trim the key policy rate by half a percentage point, to eight percent, the Serbian central bank said on Thursday.