IMF: Monetary policy appropriate, foreign reserves enable a stable exchange rate

The National Bank conducts an appropriate relaxed monetary policy because inflation is primarily a global phenomenon. In accordance with the global trends, the higher inflation will probably be maintained longer in relation to the previous expectations, dropping in the second half of 2022. In the coming period, the National Bank should carefully monitor the developments and potential risks, emphasizing the readiness to respond if necessary. This is concluded by the International Monetary Fund (IMF) in the Report of the regular mission in the country.

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