NBM preserves the base rate on major short-term monetary policy operations at 9% a year
Besides, the Administrative Board maintained the overnight loan rate at 12% and the overnight deposit rate at 6% a year. The measures of monetary policies taken by NBM in 2016 are still spreading through various channels, influencing the interest and the yield rates and, therefore, having an impact on the inflation evolution. At the same time, the monetary policies of NBM aim to create real lending and monetary conditions capable of maintaining lending and saving processes and adjusting internal economic conditions to the uncertainties driven by the external macro-economic situation. The next ...