North Macedonia makes third 25bp hike

The central bank of North Macedonia continued a modest programme of monetary tightening on June 14, adding 25 basis points to its policy rate. This is the third such increase in succession, bringing the policy rate to 2%.

In its statement, the central bank’s monetary policy committee said the move would encourage an increase in deposits denominated in North Macedonian denars.

The MPC’s statement cited high inflation, which it said averaged 9.1% between January and May. The North Macedonian

You are currently unable to copy this content. Please contact [email protected] to find out more.

Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!