By bne IntelliNews North Macedonia’s central bank, the NBRM, said on January 31 that it decided to keep its policy rate unchanged at 6.3% (chart), based on the need to stabilise inflation expectations and ensure a more enduring control over inflation. Additionally, the central bank said that the rates for overnight deposits (4.2%) and seven-day deposits (4.25%) remain unchanged. The year-on-year domestic inflation for December 2023 stood at 3.6%, characterised by a notable decrease in pressure from both food and energy prices. Additionally, there were diminished price pressures from less volat…