Central Bank RatesNorth Macedonia policy rate in 2004 (16 changes)
Start of year6.65%
End of year10.00%Dec 31, 2004
Net change+335 bp11 hikes, 5 cuts
Average8.324%
Rank by level5 / 36
Changes in 2004
| Date | From | To | Change |
|---|---|---|---|
| Jan 6, 2004 | 6.65% | 6.72% | hike +7 bp |
| Jan 9, 2004 | 6.72% | 6.76% | hike +4 bp |
| Jan 14, 2004 | 6.76% | 6.73% | cut -3 bp |
| Jan 16, 2004 | 6.73% | 6.78% | hike +5 bp |
| Jan 21, 2004 | 6.78% | 6.72% | cut -6 bp |
| Jan 23, 2004 | 6.72% | 6.84% | hike +12 bp |
| Jan 28, 2004 | 6.84% | 6.80% | cut -4 bp |
| Jan 30, 2004 | 6.80% | 6.74% | cut -6 bp |
| Feb 4, 2004 | 6.74% | 6.81% | hike +7 bp |
| Feb 6, 2004 | 6.81% | 6.91% | hike +10 bp |
| Feb 11, 2004 | 6.91% | 6.85% | cut -6 bp |
| Feb 13, 2004 | 6.85% | 7.15% | hike +30 bp |
| Feb 18, 2004 | 7.15% | 8.00% | hike +85 bp |
| Aug 18, 2004 | 8.00% | 8.50% | hike +50 bp |
| Sep 29, 2004 | 8.50% | 9.00% | hike +50 bp |
| Nov 12, 2004 | 9.00% | 10.00% | hike +100 bp |
Compared with other areas at the end of 2004
18%
17.75%
17%
13%
10%
9.5%
8.75%
8.5%
7.92%
7.5%
6.75%
6.5%
6.5%
6.5%
6%
5.58%
5.25%
4.75%
4.75%
3.75%
3.7%
3.25%
3.25%
3%
2.7%
2.5%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
2%
1.75%
0.75%
Year-end rate over time
4.25%
4%
5.55%
6.3%
4.75%
1.25%
1.5%
2.25%
2.5%
3.25%
3.75%
3.25%
3.25%
3.25%
3.73%
4%
4%
8.5%
7%
4.81%
5.81%
8.37%
10%
6.65%
15.22%
15%
6.89%
2004: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.