North Macedonia reshuffles reserve requirements
Central bank eyes more long-term, dinar-denominated savings and stronger deposit base for banks
North Macedonian banks will have to boost their reserves following a central bank decision from August 20.
The National Bank of North Macedonia increased the rate of mandatory reserves on foreign currency liabilities with tenors of less than two years from 21% to 22% and doubled the rate for those above the two-year threshold from 5% to 10%.
The new thresholds will become mandatory from November 2025, the central bank said.
It also increased euro-denominated mandatory reserve requirements from 85%
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