NBS Executive Board Decision - May 2013
Central bank: nbs | Type: decision | Date: 2013-05-12

National Bank of Serbia Executive Board Meeting - May 2013

At its meeting held on 2013-05-12, the NBS Executive Board voted to set the key policy rate.

The Executive Board analyzed inflation movements and the underlying macroeconomic factors, monetary and financial conditions, as well as fiscal trends.

Key factors considered in the monetary policy decision:
- Inflation developments and projections
- Economic activity indicators  
- Exchange rate and foreign exchange reserves
- International environment
- Financial and credit conditions

The National Bank of Serbia conducts monetary policy within the inflation targeting framework, with the primary objective of achieving and maintaining price stability.