FX.co ★ Serbia Holds Benchmark Rate at 5.75% in March as Policymakers Weigh Inflation Risks

Serbia’s central bank left its benchmark interest rate unchanged at 5.75% in March 2026, maintaining the level set in February. The decision signals a continued cautious stance by policymakers as they navigate domestic inflation pressures and a shifting global monetary landscape.

The hold at 5.75% suggests the central bank sees no immediate need to tighten or loosen policy further, opting instead to monitor incoming economic data before adjusting course. Stability in the key rate may help anchor inflation expectations while providing businesses and households with a more predictable financing environment.

The latest data, updated on 12 March 2026, will be closely watched by investors and analysts for clues on the central bank’s future path, particularly in relation to regional peers and major global central banks that are reassessing their own policy settings amid evolving growth and price dynamics.