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Serbian central bank cuts benchmark rate to 3.75 pct - statement
September 7, 2017 / 10:08 AM / 14 days ago

Serbian central bank cuts benchmark rate to 3.75 pct - statement

BELGRADE, Sept 7 (Reuters) - Serbia’s central bank surprised markets by cutting its benchmark interest rate on Thursday by 25 basis points to 3.75 percent to boost lending and spur growth, after 13 months of keeping it steady.

All 10 analysts and traders polled by Reuters this week and last said the central bank would keep the rate on hold. (Reporting by Ivana Sekularac and Aleksandar Vasovic)

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