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2019

Skopje, 15.01.2019

The NBRM held the opening conference of the Twinning Light Project: “Strengthening the capacities of the system for fight against counterfeiting of the euro”

The Governor of the NBRM and the Minister of Finance at the Central and Eastern European Forum of Euromoney

INFLATION

EXCHANGE RATES

for the period: -

	Counrty	Code	Currency		Unit	BuyingRate	MiddleRate MKD	SellingRate

NATIONAL BANK POLICY RATES

Monetary instrument	Interest rate
Central Bank bills	4,00%
Overnight loan	4,50%
Overnight deposit	3,50%

Changes to the National Bank policy rate

Bank's reserve requirements ratios

Liabilities with contractual maturity of up to 2 years:
in domestic currency	9.0%
in domestic currency with FX clause	100%
in foreign currency	22%
Liabilities with contractual maturity of over 2 years:
in domestic currency	0%
in domestic currency with FX clause	100%
in foreign currency	10%

Financial market operations

Auctions of Central Bank bills

Auctions of government securities

Auctions of repo transactions

Reference rate for calculating the penalty interest rate

4,00%

SKIBOR

The official language of the documents translated herein is Macedonian. In case of any doubt or misunderstanding, the Macedonian version should therefore be considered final.

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2019

The NBRM held the opening conference of the Twinning Light Project: “Strengthening the capacities of the system for fight against counterfeiting of the euro”

The Governor of the NBRM and the Minister of Finance at the Central and Eastern European Forum of Euromoney