Central Bank RatesNorth Macedonia policy rate in 2007 (49 changes)
Start of year5.81%
End of year4.81%Dec 31, 2007
Net change-100 bp20 hikes, 29 cuts
Average5.088%
Rank by level26 / 38
Changes in 2007
| Date | From | To | Change |
|---|---|---|---|
| Jan 3, 2007 | 5.81% | 5.73% | cut -8 bp |
| Jan 10, 2007 | 5.73% | 5.84% | hike +11 bp |
| Jan 17, 2007 | 5.84% | 5.80% | cut -4 bp |
| Jan 24, 2007 | 5.80% | 5.81% | hike +1 bp |
| Jan 31, 2007 | 5.81% | 5.58% | cut -23 bp |
| Feb 7, 2007 | 5.58% | 5.72% | hike +14 bp |
| Feb 14, 2007 | 5.72% | 5.28% | cut -44 bp |
| Feb 21, 2007 | 5.28% | 5.36% | hike +8 bp |
| Mar 7, 2007 | 5.36% | 5.34% | cut -2 bp |
| Mar 14, 2007 | 5.34% | 5.37% | hike +3 bp |
| Mar 21, 2007 | 5.37% | 5.34% | cut -3 bp |
| Mar 28, 2007 | 5.34% | 5.25% | cut -9 bp |
| Apr 4, 2007 | 5.25% | 5.19% | cut -6 bp |
| Apr 11, 2007 | 5.19% | 5.08% | cut -11 bp |
| Apr 18, 2007 | 5.08% | 5.05% | cut -3 bp |
| May 2, 2007 | 5.05% | 5.04% | cut -1 bp |
| May 9, 2007 | 5.04% | 5.08% | hike +4 bp |
| May 16, 2007 | 5.08% | 5.07% | cut -1 bp |
| May 30, 2007 | 5.07% | 5.00% | cut -7 bp |
| Jun 6, 2007 | 5.00% | 4.86% | cut -14 bp |
| Jun 13, 2007 | 4.86% | 4.88% | hike +2 bp |
| Jun 20, 2007 | 4.88% | 4.86% | cut -2 bp |
| Jun 27, 2007 | 4.86% | 4.98% | hike +12 bp |
| Jul 4, 2007 | 4.98% | 5.01% | hike +3 bp |
| Jul 11, 2007 | 5.01% | 5.12% | hike +11 bp |
| Jul 18, 2007 | 5.12% | 5.18% | hike +6 bp |
| Jul 25, 2007 | 5.18% | 5.17% | cut -1 bp |
| Aug 1, 2007 | 5.17% | 5.10% | cut -7 bp |
| Aug 8, 2007 | 5.10% | 5.11% | hike +1 bp |
| Aug 15, 2007 | 5.11% | 5.08% | cut -3 bp |
| Aug 22, 2007 | 5.08% | 5.13% | hike +5 bp |
| Aug 29, 2007 | 5.13% | 5.11% | cut -2 bp |
| Sep 5, 2007 | 5.11% | 4.99% | cut -12 bp |
| Sep 12, 2007 | 4.99% | 4.95% | cut -4 bp |
| Sep 19, 2007 | 4.95% | 4.72% | cut -23 bp |
| Sep 26, 2007 | 4.72% | 4.68% | cut -4 bp |
| Oct 3, 2007 | 4.68% | 4.59% | cut -9 bp |
| Oct 10, 2007 | 4.59% | 4.80% | hike +21 bp |
| Oct 17, 2007 | 4.80% | 4.87% | hike +7 bp |
| Oct 24, 2007 | 4.87% | 4.86% | cut -1 bp |
| Oct 31, 2007 | 4.86% | 4.78% | cut -8 bp |
| Nov 7, 2007 | 4.78% | 4.65% | cut -13 bp |
| Nov 14, 2007 | 4.65% | 4.51% | cut -14 bp |
| Nov 21, 2007 | 4.51% | 4.72% | hike +21 bp |
| Nov 28, 2007 | 4.72% | 4.74% | hike +2 bp |
| Dec 5, 2007 | 4.74% | 4.72% | cut -2 bp |
| Dec 12, 2007 | 4.72% | 4.76% | hike +4 bp |
| Dec 19, 2007 | 4.76% | 4.77% | hike +1 bp |
| Dec 26, 2007 | 4.77% | 4.81% | hike +4 bp |
Compared with other areas at the end of 2007
15.75%
13.75%
11.25%
11%
10%
10%
9.5%
8.25%
8%
7.75%
7.57%
7.5%
7.5%
7.47%
6.75%
6.25%
6%
5.75%
5.5%
5.5%
5.25%
5.25%
5%
5%
5%
4.81%
4.25%
4.25%
4.25%
4.25%
4%
4%
3.5%
3.5%
3.25%
3.25%
2.75%
0.5%
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%
2007: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.