FX.co ★ Serbian Central Bank Holds Steady Amid Global Uncertainties

In a move reflective of ongoing caution amid unpredictable global market conditions, Serbia's central bank has maintained its benchmark interest rate at 5.75% for November 2025. The decision, effective as of November 13, 2025, marks continued stability after the rate reached the same figure last month in October.

The National Bank of Serbia's choice to hold rates steady indicates a measured response to current economic dynamics, aiming to balance domestic fiscal health with external economic pressures. With the rate having plateaued in October and maintained through November, it reflects a strategic pause, allowing policymakers to assess the impacts of global market swings and their implications for the Serbian economy.

Financial analysts note that by maintaining the rate, the central bank is signaling a wait-and-see approach during an era of economic volatility. The stable rate underscores Serbia's cautious optimism and readiness to adapt its monetary policy as necessary to foster sustainable growth and control inflationary pressures in an uncertain international economic landscape.