Financial Stability Committee: Financial and Denar exchange rate stability successfully maintained

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The stability of the Denar exchange rate is guaranteed. The financial system is also stable and ready to respond to the challenges that could arise from the Russian-Ukrainian conflict, just as it has successfully dealt with risks throughout the pandemic period. All financial services are provided smoothly and will continue to be provided in accordance with the needs of the citizens and the corporate sector. Competent regulators monitor the situation in a coordinated manner and are ready to act quickly, adjust policies accordingly and maintain the financial stability that is a priority.

These are part of the conclusions from today’s session of the Financial Stability Committee, which reviewed the latest developments in the financial sector in the context of current geopolitical developments related to the military conflict in Ukraine. The session was chaired by the Governor of the National Bank Anita Angelovska-Bezhoska, and was attended by the Minister of Finance Fatmir Besimi, the Chair of the Securities and Exchange Commission (SEC) Nora Aliti, the Chair of the Board of Experts of the Agency for Supervision of Fully Funded Pension Insurance (MAPAS) Maksud Ali and the President of the Council of Experts of the Insurance Supervision Agency (ISA) Krste јajnoski.

 

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