Governor of the Macedonian National Bank Trajko Slaveski noted in an interview with TV Telma that monetary policy was successfully fulfilling its primary goal – maintaining price and financial stability in the country.
In the interview, the governor points out that the stability of the denar exchange rate remains firmly anchored. The stable denar exchange rate against the euro is an important factor in maintaining confidence in the economy, financial stability and the competitiveness of the domestic economy.
“Regarding inflation, it was emphasized that price movements are stabilizing, and in certain months during the past year there was a decrease in the price level on a monthly basis. The National Bank expects that inflation will continue to decrease during this year, which is in line with the medium-term goal of price stability and convergence to inflation in the euro area,” said Slaveski.
The governor emphasizes that foreign exchange reserves are maintained at a high and secure level of around 4.9 billion euros, which represents a strong guarantee for the stability of the exchange rate and the economy’s resilience to external shocks.
