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06 October 2011

SERBIA: C.Bank Lowers Benchmark to 10.75%...As Inflation Eases.

                                           BLOOMBERG

     For the 4th time since June...the central bank cut the benchmark interest rate...this time by 50 bps...to 10.75%...its lowest rate in 12 months.
     It cited reduced inflationary pressures for the cut.
    Experts predict that more rate cuts will be coming from the Narodna Banka Srbije.
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