Serbia Maintains Steady Interest Rates Following Credit Upgrade by S&P

In a pivotal move reflecting its economic strategy, Serbia's central bank has opted to keep its key interest rate unchanged at 5.75% during its latest monetary policy meeting held on October 10, 2024. This decision comes on the heels of Standard & Poor's recent upgrade of Serbia's credit rating to 'BB', which has been perceived as a significant boost to the nation's financial standing in the eyes of both local and international investors.

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