National Bank of Serbia - Annual Report 2007

In 2007, for the second year in a row, the National Bank of Serbia managed to achieve its inflation objective, said Radovan Jelasic, the governor of the central bank, in the latest Annual Report.

Core inflation measured 5.4% for 2007, within the 4-8% target range

Jelasic also highlighted that the central bank took decisive steps towards strengthening the role of the market in exchange-rate formation. Since March, the overall volume of trading in the interbank foreign exchange market has determined

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