Central Bank RatesNorth Macedonia policy rate in 2008 (10 changes)
Start of year4.81%
End of year7.00%Dec 31, 2008
Net change+219 bp8 hikes, 2 cuts
Average6.431%
Rank by level13 / 38
Changes in 2008
| Date | From | To | Change |
|---|---|---|---|
| Jan 2, 2008 | 4.81% | 4.83% | hike +2 bp |
| Jan 9, 2008 | 4.83% | 4.82% | cut -1 bp |
| Jan 16, 2008 | 4.82% | 4.88% | hike +6 bp |
| Jan 23, 2008 | 4.88% | 4.95% | hike +7 bp |
| Jan 30, 2008 | 4.95% | 4.99% | hike +4 bp |
| Feb 6, 2008 | 4.99% | 4.98% | cut -1 bp |
| Feb 13, 2008 | 4.98% | 5.08% | hike +10 bp |
| Feb 20, 2008 | 5.08% | 5.25% | hike +17 bp |
| Mar 13, 2008 | 5.25% | 6.00% | hike +75 bp |
| May 14, 2008 | 6.00% | 7.00% | hike +100 bp |
Compared with other areas at the end of 2008
18%
17.75%
15%
13.75%
13%
11.5%
10.25%
10%
9.5%
9.25%
8.25%
8.25%
7%
6.5%
6.5%
5.5%
5.31%
5%
5%
4.25%
3.75%
3.75%
3.5%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.5%
2.25%
2%
2%
1.5%
0.5%
0.5%
0.125%
0.1%
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%
2008: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.