Serbia Interest Rate  2006-2016 | Data | Chart | Calendar | Forecast

The central bank of Serbia left its benchmark interest rate on hold at 4.25 percent at its April 2016 meeting as widely expected, mentioning low inflationary pressures. Policymakers said monetary policy should remain cautious, due to uncertainties regarding oil prices and other commodities, geopolitical risks and divergent monetary policies among leading central banks. The central bank last cut borrowing cost by 25 bps in February. Interest Rate in Serbia averaged 10.58 percent from 2006 until 2016, reaching an all time high of 18 percent in October of 2006 and a record low of 4.25 percent in February of 2016. Interest Rate in Serbia is reported by the National Bank of Serbia.

Serbia Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
4.25 4.25 18.00 4.25 2006 - 2016 percent Daily
In Serbia, interest rate decisions are taken by the Executive Board of the National Bank of Serbia. The official interest rate is the key policy rate. This page provides - Serbia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Serbia Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-11 11:00 AM Interest Rate Decision 4.25% 4.5% 4.5% 4.5%
2016-03-17 11:00 AM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2016-04-07 10:00 AM Interest Rate Decision 4.25% 4.25% 4.25% 4.25%
2016-05-17 10:00 AM Interest Rate Decision 4.25% 4.25%
2016-06-09 10:00 AM Interest Rate Decision 4%
2016-07-07 10:00 AM Interest Rate Decision 4%

Serbia Money Last Previous Highest Lowest Unit
Interest Rate 4.25 4.25 18.00 4.25 percent [+]
Money Supply M0 131438.00 132584.00 139818.00 16056.00 RSD Million [+]
Foreign Exchange Reserves 9500.90 9850.80 12058.20 2682.00 EUR Million [+]
Deposit Interest Rate 2.50 2.50 15.25 2.50 percent [+]
Money Supply M1 489780.00 483829.00 504552.00 43647.00 RSD Million [+]
Money Supply M2 645546.00 646824.00 702626.00 52024.00 RSD Million [+]
Money Supply M3 1979597.00 1969639.00 1999655.00 86158.00 RSD Million [+]
Loans To Private Sector 966138.00 967030.00 1152545.00 187458.00 SRB Million [+]
Interbank Rate 3.26 3.31 19.18 3.26 percent [+]




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