Home About National Bank Conferences Celebration marking 25 years of the monetary independence of the Republic of Macedonia

Celebration marking 25 years of the monetary independence of the Republic of Macedonia

Skopje, 26.04.2017

Dimitar Bogov, Governor of the National Bank of the Republic of Macedonia, Address at the ceremony marking the 25th anniversary of the monetary independence of the Republic of Macedonia

Address by Borko Stanoevski at the ceremony marking the 25th anniversary of the monetary independence of the Republic of Macedonia

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	5,35%
Overnight loan	5,85%
Overnight deposit	3,95%
7 days deposit facility	4,00%

Changes to the National Bank policy rate

Bank's reserve requirements ratios

Liabilities with contractual maturity of up to 2 years:
in domestic currency	8.0%
in domestic currency with FX clause	100%
in foreign currency	21%
Liabilities with contractual maturity of over 2 years:
in domestic currency	0%
in domestic currency with FX clause	100%
in foreign currency	5%

Financial market operations

Auctions of Central Bank bills

Auctions of government securities

Auctions of repo transactions

Reference rate for calculating the penalty interest rate

5,55%

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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Celebration marking 25 years of the monetary independence of the Republic of Macedonia

Dimitar Bogov, Governor of the National Bank of the Republic of Macedonia, Address at the ceremony marking the 25th anniversary of the monetary independence of the Republic of Macedonia

Address by Borko Stanoevski at the ceremony marking the 25th anniversary of the monetary independence of the Republic of Macedonia