Serbia's C-bank Cuts Key Repo Rate to 11%, Eases Reserve Requirement in Dinars to 25%

The amendments concerning the mandatory reserve requirements will take effect on October 18, the NBS monetary committee said in a statement.

NBS last changed the repo rate on July 10, cutting it to 12% from 13%, when it also lowered the dinar-denominated mandatory reserves to 30% from 35%.

($=0.6761 euro)