Serbia: New precautionary IMF agreement | Eurobank
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Serbia: New precautionary IMF agreement

• The Serbian government reached an agreement with IMF mission on a new €1bn precautionary agreement
• NBS cut rates by another 50bps at 11.25% on September 8th, bringing the cumulative cuts to 125bps from the beginning of the easing cycle. Inflation scaled down further at 12.1% in July compared to on reduced food and energy prices