Europe

National Bank of North Macedonia

Too few recent speeches for a current tone.

Speeches: 89
First speech: Feb 6, 2001
Latest speech: May 27, 2025
Tone vs coming rate moves: Not tested; too few speeches or no published rate

Does the tone run ahead of the rate?

Speech tone over the previous three months, and the policy rate at the end of each month, on the same timeline. Hover over either chart to read the same month in both.

Speech tone

Policy rate

Latest speeches

Each speech's tone is the average over its sentences about policy, prices, rates or the economy. Open a speech to read it in full.

Date	Speech	Tone
May 27, 2025	Anita Angelovska Bezhoska: Building stronger partnerships for economic growth Anita Angelovska Bezhoska	−0.11
Jan 29, 2025	Anita Angelovska Bezhoska: Technical and legal aspects of joining SEPA payment schemes Anita Angelovska Bezhoska	+0.13
Sep 29, 2023	Anita Angelovska Bezhoska: Opening speech – 9th Research Conference	−0.05
Sep 14, 2023	Anita Angelovska Bezhoska: International cooperation for a green and sustainable economy	+0.05
Mar 22, 2023	Anita Angelovska Bezhoska: Welcoming remarks - Vienna Initiative Full Forum Anita Angelovska Bezhoska	+0.15
Dec 9, 2021	Anita Angelovska Bezhoska: Payments in the digital era - inside out Anita Angelovska Bezhoska	+0.06
Sep 16, 2021	Anita Angelovska Bezhoska: The national strategy for financial education and financial inclusion in North Macedonia Anita Angelovska Bezhoska	+0.01
Sep 15, 2021	Anita Angelovska Bezhoska: Covid-19 and economic influence on women Anita Angelovska Bezhoska	−0.28
Apr 26, 2021	Anita Angelovska Bezhoska: The denar was and remains one of the key pillars of the stability of the Macedonian economy Anita Angelovska Bezhoska	+0.21
Mar 11, 2021	Anita Angelovska Bezhoska: Closure of the Twinning project Anita Angelovska Bezhoska	−0.02
Oct 30, 2020	Anita Angelovska Bezhoska: Speech - World Savings Day Anita Angelovska Bezhoska	+0.05
May 19, 2020	Anita Angelovska Bezhoska: The high level of foreign reserves and the sound banking system allow us to respond to the coronavirus challenges with appropriate measures Anita Angelovska Bezhoska	−0.29
Apr 26, 2020	Anita Angelovska Bezhoska: We remain consistent in maintaining price and denar stability Anita Angelovska Bezhoska	+0.04
Dec 27, 2019	Anita Angelovska Bezhoska: Modern central banks have to have open communication with the public Anita Angelovska Bezhoska	−0.02
Dec 6, 2019	Anita Angelovska Bezhoska: National fintech strategy to be developed Anita Angelovska Bezhoska	+0.00
Oct 30, 2019	Anita Angelovska Bezhoska: Strengthening of the institutional capacity of the NBRNM in the process of its accession to the ESCB Anita Angelovska Bezhoska	−0.23
Oct 28, 2019	Anita Angelovska Bezhoska: Speech - European Statistics Day Anita Angelovska Bezhoska	+0.25
Sep 27, 2019	Anita Angelovska Bezhoska: Opening address - Fifth Meeting of the Regional Working Group for Financial Education of Southeastern Europe Anita Angelovska Bezhoska	−0.18
Jun 22, 2019	Anita Angelovska Bezhoska: How to make capitalism work for all Anita Angelovska Bezhoska	−0.27
Jun 3, 2019	Anita Angelovska Bezhoska: Open doors to the changing payments landscape Anita Angelovska Bezhoska	−0.01
May 17, 2019	Anita Angelovska Bezhoska: Speech at the Ministerial Dialogue on the Economic Reform Programmes of the Candidate Countries Anita Angelovska Bezhoska	+0.11
Feb 22, 2019	Anita Angelovska Bezhoska: Efforts for further development of the financial education and improving the financial literacy among the population Anita Angelovska Bezhoska	−0.00
Feb 1, 2019	Anita Angelovska Bezhoska: The Republic of Macedonia has accessed the highest statistical data dissemination standard of the IMF - SDDS Plus Anita Angelovska Bezhoska	–
Jan 15, 2019	Emilija Nacevska: Strengthening the capacities of the system for fight against counterfeiting of the euro Emilija Nacevska	+0.04
Dec 25, 2018	Anita Angelovska Bezoska: Journalists are one of the main transmitters of monetary policy messages Anita Angelovska Bezhoska	+0.01
Oct 30, 2018	Anita Angelovska Bezhoska: The importance of savings for investment growth Anita Angelovska Bezhoska	+0.16
Oct 18, 2018	Anita Angelovska Bezhoska: Perspectives for young people from the full membership of the country in NATO and EU - impacts on monetary policy, business and the capital market Anita Angelovska Bezhoska	+0.08
Oct 17, 2018	Anita Angelovska Bezhoska: New statistical requirements in the post-crises era Anita Angelovska Bezhoska	+0.01
Sep 7, 2018	Anita Angelovska Bezhoska: Investment and finance, challenges for CESEE region Anita Angelovska Bezhoska	−0.13
Jun 8, 2018	Anita Angelovska Bezhoska: Let's get digital Anita Angelovska Bezhoska	−0.03
May 28, 2018	Anita Angelovska-Bezoska: Workshop on fintech - opening remarks Anita Angelovska Bezoska	–
May 25, 2018	Anita Angelovska-Bezoska: Ministerial Dialogue on the Economic Reform Programmes of the Candidate Countries Anita Angelovska Bezoska	−0.16
May 23, 2018	Maja Kadievska-Vojnovik: Fintech and digital transformation - "Regulating an anonymous world" Maja Kadievska-Vojnovik	+0.02
Apr 12, 2018	Dimitar Bogov: Around a decade after the crisis - heading to the new global cycle and monetary policy normalization Dimitar Bogov	−0.26
Feb 16, 2018	Dimitar Bogov: A new normal? The global economic expansion, inflation dynamics, financial stability and its meaning for asset management Dimitar Bogov	−0.08
Oct 31, 2017	Dimitar Bogov: World Savings Day - the importance of savings in Macedonia Dimitar Bogov	+0.36
Jul 7, 2017	Maja Kadievska-Vojnovik: Drivers of European Payment Integration - Innovations and Cooperation (opening speech) Maja Kadievska-Vojnovik	+0.03
Jul 7, 2017	Dimitar Bogov: Payment systems and market infrastructures Dimitar Bogov	+0.01
Feb 10, 2017	Anita Angelovska-Bezoska: Lingering low interest rate environment and monetary accommodation in the euro area - impact on the region? Anita Angelovska-Bezoska	−0.23
Oct 19, 2016	Dimitar Bogov: Seventy years of central banking activities in the Republic of Macedonia Dimitar Bogov	+0.21
Sep 9, 2016	Anita Angelovska-Bezoska: Statistical implications of the new financial landscape Anita Angelovska-Bezoska	−0.16
Jun 6, 2016	Maja Kadievska-Vojnovik: Global, European and Macedonian developments in the area of payment systems and services Maja Kadievska-Vojnovik	–
Apr 8, 2016	Dimitar Bogov: Economic and financial cycle spillovers - reconsidering domestic and cross border channels and policy responses Dimitar Bogov	−0.07
Feb 12, 2016	Maja Kadievska-Vojnovik: Recent developments in central bank governance, accountability and transparency as core drivers for effective financial supervision and the importance of board effectiveness for banks and central banks Maja Kadievska-Vojnovik	−0.14
Feb 12, 2016	Dimitar Bogov: Challenges of bolstering growth rates and ensuring their sustainability Dimitar Bogov	−0.26
Sep 7, 2015	Maja Kadievska-Vojnovik: Macedonia s central bank reserve management strategy Maja Kadievska-Vojnovik	−0.23
May 12, 2015	Anita Angelovska-Bezoska: Macedonia's current macroeconomic landscape and main challenges ahead Anita Angelovska-Bezoska	−0.05
Apr 23, 2015	Dimitar Bogov: Addressing structural rigidities in view of monetary policy transmission effectiveness Dimitar Bogov	−0.18
Mar 27, 2015	Fadilj Bajrami: ECB regional cooperation programme with central banks in the Western Balkans Fadilj Bajrami	–
Dec 22, 2014	Maja Kadievska-Vojnovik: Prospects of the Macedonian economy in 2015 Maja Kadievska-Vojnovik	−0.01
Dec 1, 2014	Maja Kadievska-Vojnovik: Rules and regulation update Maja Kadievska-Vojnovik	−0.06
Oct 3, 2014	Dimitar Bogov: Improving education and access for children and youth to financial services Dimitar Bogov	+0.08
Jul 15, 2014	Dimitar Bogov: Activities and developments in EU payment systems Dimitar Bogov	+0.02
May 13, 2014	Dimitar Bogov: What could SEPA bring for the banking and the real sector in the Republic of Macedonia Dimitar Bogov	+0.10
Apr 29, 2014	Dimitar Bogov: Towards recovery and sustainable growth in the altered global environment Dimitar Bogov	−0.07
Apr 17, 2014	Fadilj Bajrami: Continued cooperation with central banks of the Western Balkans Fadilj Bajrami	–
Apr 10, 2014	Maja Kadievska-Vojnovik: Foreign investment's importance to the Republic of Macedonia's economy Maja Kadievska-Vojnovik	+0.11
Nov 21, 2013	Dimitar Bogov: Recent financial and economic developments in Macedonia Dimitar Bogov	−0.17
Nov 8, 2013	Maja Kadievska-Vojnovik: Current trends and future of the financial system in the region Maja Kadievska-Vojnovik	−0.23
Oct 5, 2013	Anita Angelovska-Bezoska: Statistics - challenging and fundamental issues for central bankers Anita Angelovska-Bezoska	−0.01

Next: Across all central banksHow tone lines up with rate moves at every bank tested, and whether it predicts them.