Central Bank Watch
National Bank of Serbia
March 14, 2017
Serbian monetary officials retained a 4.0% key interest rate, observing that inflation is hovering near 3.0%, the mid-point of its 1.5-4.5% target range and expected to remain with that corridor. There was a single 25-basis point cut last year in July. Starting in April 2013, the rate was slashed by 275 basis points by yearend, […] More
New Overnight Developments Abroad - Daily Update
Dollar Firmer Especially against Sterling
March 14, 2017
The British parliament granted Prime Minister permission to activate Article 50 of the Lisbon Treaty later this month. Doing so will begin a two-year countdown to negotiate terms and complete the process of leaving the European Union. The dollar advanced 0.8% against the pound in response. The dollar has also risen 0.2% against the euro, […] More
