Serbia’s central bank left its benchmark interest rate unchanged at 5.75% in April 2026, maintaining its tight monetary stance for a second consecutive month. The decision follows March 2026, when the key rate was also held at 5.75%, signaling a pause in the tightening cycle.
The April hold suggests policymakers are opting for stability, keeping borrowing costs elevated as they monitor economic conditions and inflation dynamics. With no change in the benchmark rate between March and April, markets and investors will be watching for future signals from the central bank on when an eventual easing cycle might begin.
According to the latest update on 9 April 2026, the benchmark rate remains at 5.75%, underscoring the authorities’ cautious approach in balancing inflation control with support for economic activity.
