| Key interest rate reduced to 10 pct |
| 5 November 2009 | 17:19
| Source:
Tanjug |
BELGRADE --
The National Bank of Serbia (NBS) Monetary Board decided on Thursday to reduce the reference interest rate from 11 to 10 percent.
Since the beginning of 2009, the central bank's key interest rate was reduced by about 7.5 percent.
The rare was at 17.75 percent in January.
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