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Other papers of the NBRNM staff

Authors: Toni Malinovski and Dane Krstevski

Factors Influencing Employees’ Experience after Business Process Redesign

The determinants of the core inflation in the Republic of Macedonia

Is there a role for monetary policy in stabilizing banking sector soundness and lending?

INFLATION

EXCHANGE RATES

for the period: -

	Counrty	Code	Currency		Unit	BuyingRate	MiddleRate MKD	SellingRate

NATIONAL BANK POLICY RATES

Monetary instrument	Interest rate
Central Bank bills	1.50%
Overnight loan	2.00%
Overnight deposit	0.15%

Changes to the National Bank policy rate

Bank's reserve requirements ratios

Bank's reserve requirement ratios
Liabilities in: Domestic currency	8.00%
Domestic currency with FX clause	50.00%
Foreign currency	15.00%

Financial market operations

Auctions of Central Bank bills

Auctions of government securities

Auctions of repo transactions

Reference rate for calculating the penalty interest rate

1.5%

SKIBOR

The official language of the documents translated herein is Macedonian. In case of any doubt or misunderstanding, the Macedonian version should therefore be considered final.

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Factors Influencing Employees’ Experience after Business Process Redesign

The determinants of the core inflation in the Republic of Macedonia

Is there a role for monetary policy in stabilizing banking sector soundness and lending?