Central Bank Watch
National Bank of Serbia Interest Rate Hike Today
January 12, 2023
The National Bank of Serbia‘s policy interest rate went up by a further 25 basis points to 5.25%. This was the tenth straight increase since a 50-basis point hike from 1.0% to 1.50% done in April 2022, yet the new rate level is only about a third as much as Serbia’s record 15.1% rate of […] More
New Overnight Developments Abroad - Daily Update
Expectations of Further Disinflation Depress the Dollar to 7-Month Weighted Low
January 12, 2023
The dollar plunged 1.4% overnight against the Japanese yen and edged another 0.1% lower relative to the loonie and euro. The weighted DXY dollar index is hovering near its lowest levels since early June and around 10% below last year’s subsequent high. U.S. December CPI inflation figures, due in around 20 minutes, are widely projected […] More
