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Tags народна банка

Tag: народна банка

Slight increase of apartment prices during coronavirus crisis’ peak in North Macedonia

There was an increase of the apartment prices in North Macedonia during this year's second quarter, when the coronavirus crisis worsened and, furthermore, it is clear now that the prices are rising, even though the number of apartments on the market surpasses the demand. According to data provided by the National Bank, during the second quarter of 2020, the apartment...

The number of counterfeit banknotes in North Macedonia is on the rise

There is a significant increase of discovered counterfeit denar banknotes confirmed the National Bank of North Macedonia in its annual report for 2019. Out of 434 suspicious banknotes denominated in denars, during an investigation last year, it was determined that 73 were original while 361 copies were counterfeit banknotes. The number of counterfeit banknotes during 2019 is higher by...

National Bank of Macedonia again cut the key interest rate from 1.75 to 1.5

With the slashing of the basic interest rate in January and March, the national Bank's Committee for operative monetary policy (COMP) at a session adopted a decision to lower it again by 0.25% and is now 1.5%. "This relaxing of the monetary policy is expected to decrease the price of financing through loans from banks and for securing additional...

National Bank forecasts a drop of the Macedonian economy by 3.5% due to the coronavirus crisis

The national Bank projected a drop of the gross Domestic Product by 3.5% against the October expectations for growth by 3.8%. "Regarding the structure of the growth, a decline is expected both with domestic and exporting demands. In 2021, with the normalization of the economic ambiance, the growth of the economy is expected supported by all sources of growth....

Starting from today, the surplus of assets can be invested in state bonds instead of saving in banks

In the future, the citizens and the legal entities can decide whether to invest their savings as deposits in the domestic banks or they will decide to invest in state bonds. Starting from today, on the Macedonian stock exchange, began trading with 132 emissions of government bonds. Their total nominal value is 54.184.070.000 or 881 million euros. The bonds were...