4 days ago
Serbia Keeps Interest Rates Steady as Inflation Quickens Again
Serbia 's central bank kept interest rates unchanged for an 11th month with growing inflation risks taking precedence over weaker economic growth.
The National Bank of Serbia held the one-week repurchase rate at 5.75% on Thursday, as predicted by most analysts in a Bloomberg survey. The decision followed a surge in the annual inflation rate to 4.6% in June, from 3.8% in May, breaching the upper end of the central bank's target range for the second time this year.
