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Governor Gosev, ladies and gentlemen, dear guests

I am pleased to be here together with Governor Gosev to open this joint Public Information Center. This Center will represent a unification of the wealth of knowledge that both institutions can offer to the public. 

As of today, this Public Information Center joins the family of more than 100 centers opened throughout the World, and will provide access to information related to World Bank operations, publications, and reports, as well as different World Bank's online resources, videos, popular journals and periodicals.

The activities of the Center are well in line with the World Bank’s new Access to Information policy, one of several major reforms the Bank has undertaken to increase its effectiveness and accountability. Through this policy, which has become effective on July 1, the Bank makes much more information available on key decisions made during project development and implementation to enable greater awareness of Bank-supported operations and better development results. It will provide much greater access to information about projects under implementation to enable the public to track a project through the course of the project lifecycle.

But, at the same time, we would want this Center to be more than a set of books and computers. In our view, it should represent a Center for discussions, debates and exchanges of information on different development topics. Through these activities, the Center will aim to support an informed and participatory dialogue with all stakeholders in the country on important structural reform areas that would facilitate a faster, more inclusive and greener economic growth and better prepare the country for accession to the European Union.

We begin this cycle with today’s presentation, which I know you will find both interesting and challenging as it gives an overview of the regional and country economic developments and touches upon one of the key segments of economic development - competitiveness.

With that, I would like to stop here and give the floor to our competent moderator to start off this interesting presentation.

Home About National Bank Conferences Opening Joint Public Information Center of World Bank and NBRM Speeches
  • National Bank setup, powers and organization
  • National Bank bodies
  • National Bank Council
  • Executive Board
  • Governor
  • Vice-Governors
  • Committees
  • Corporate Governance
  • Objectives and tasks
  • Transparency
  • Public Relations
  • Organizational chart
  • Strategy
  • Plan of Activities
  • International relations
  • Conferences
    • High-level conference
    • 9th Research Conference
    • 15th Conference on Payments and Market Infrastructures
    • Vienna Initiative – Full Forum (22-24 March 2023), Skopje
    • 14th Conference on Payments and Market Infrastructures
    • 8th Research Conference
    • Anniversary of 30 years of monetary independence
    • Virtual workshop: Best Human Resource Management Practices in the Banking System in the Republic of North Macedonia, 10-11 November 2021
    • Virtual regional workshop for statisticians hosted by the National Bank of the Republic of Northern Macedonia, 11 December 2020
    • 11th Conference on Payments and Market Infrastructures
    • 7th Annual Research Conference
    • High Level International Conference on Monetary Policy and Asset Management (Marriot Hotel Skopje), 16. February, 2018
    • 10-th Jubilee Conference on Payments and Market Infrastructures
    • Celebration marking 25 years of the monetary independence of the Republic of Macedonia
    • 6th Annual Research Conference
    • 5th NBRM Research Conference
    • BIS Working Party on Monetary Policy in Central and Eastern Europe
    • 1st Eastern Europe and Central Asia (ECA) Regional Forum on Financial Inclusion Policy
    • 4th NBRM Research Conference
    • Third Child and Youth Finance Regional Meeting for Europe and Central Asia
    • 3rd Research Conference 2014
    • Joint National Bank of the Republic of Macedonia and European Central Bank Seminar on Statistics
    • 2nd Research Conference 2013
    • 20th anniversary of the monetary independence of the Republic of Macedonia
    • Opening Joint Public Information Center of World Bank and NBRM
    • 23rd Annual Conference of the Group of Banking Supervisors from Central and Eastern Europe (BSCEE)
    • Conference: Competitiveness of the South Eastern European Countries and Challenges on the Road to EU
    • Workshop: Problems in measuring inflation, May 22, 2007
    • Workshop: "Energy Consumption in the Republic of Macedonia and its Effects on the Balance of Payments"
    • 60th Anniversary of Central Banking in the Republic of Macedonia
  • Financial education
  • Museum
  • Library and Archive
  • Career in the National Bank
  • A+
  • A-

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INFLATION

  

EXCHANGE RATES

Counrty

Currency

MiddleRate MKD

EUR

More

EXCHANGE RATES

for the period: -

Counrty Code Currency Unit BuyingRate MiddleRate MKD SellingRate

NATIONAL BANK POLICY RATES

Monetary instrument
Interest rate
Central Bank bills 

5,35%

Overnight loan 
5,85%
Overnight deposit
3,95%

7 days deposit facility

4,00%

  

Changes to the National Bank policy rate 

Bank's reserve requirements ratios

Liabilities with contractual maturity of up to 2 years:  


in domestic currency
8.0%
in domestic currency with FX clause
100%
in foreign currency
21%
Liabilities with contractual maturity of over 2 years:

in domestic currency
0%
in domestic currency with FX clause
100%
in foreign currency
5%
 


Financial market operations

Auctions of Central Bank bills
Auctions of government securities
Auctions of repo transactions


Reference rate for calculating the penalty interest rate 

5,55%    

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.

All rights reserved © 2017

Dear Sir/Madam, if you have any problem regarding access to the already published data, please contact the technical support telephone: ++ 389 2 3108 206. For other needs: ++ 389 2 3108 108 switch board | (contact).

National Bank of the Republic of North Macedonia
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