标题：Monetary developments in the Republic of Macedonia
期刊名称：Annual Report / National Bank of the Republic of Macedonia
出版年度：2007
卷号：1
页码：64-64
出版社：National Bank of the Republic of Macedonia
摘要：The monetary policy in the 2007 was focused on maintaining the stability of the nominal foreign exchange rate of the Denar against the Euro and low and stable inflation. Thus, in 2007 relatively low average inflation rate of 2.3% was realized. Yet, in the second half of the year the inflation rate intensified, mainly under the influence of the intensified growth in the prices of food, which represented global trend. The basic inflation rate (excluding the food and energy) was lower and it equaled 0.7%. During the year, higher foreign currency inflows based on private transfers, portfolio and foreign direct investments were registered, which enabled high net purchase of foreign currencies by NBRM.
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