Macedonian National Bank boosts interest rate to 4%

9 May 2016

The Macedonian National Bank has increased the country’s all-time low interest rate of 3.25 percent to 4 percent.

“This is a result of the aggravated expectations of economic entities, caused by the unstable political situation in the country. By that, the change of the interest rate is an answer to the effects of non-economical factors,” the National Bank said in a statement.

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