(Adds bank statement, details)
BELGRADE, April 11 Serbia's central bank kept
its benchmark interest rate unchanged at 4 percent on Tuesday
for the ninth consecutive month, citing uncertain developments
abroad as domestic inflation rises.
All 15 analysts and traders polled by Reuters
this week and last said the central bank would keep the rate
Last month, the bank said that policies of key international
central banks and their impact on emerging markets led it to
keep the rate steady.
"Uncertainty in the global financial market that largely
stems from divergent monetary policies ... may influence global
capital flows to emerging markets and therefore to Serbia," the
bank said in a statement on Tuesday.
Serbia's annual inflation rate rose in February to 3.2
percent from 2.4 percent in January. The Statistics Office is
scheduled to announce March inflation data on April 12.
Protests against Prime Minister Aleksandar Vucic appeared
not to have a role in the bank's decision.
Vucic won a landslide election victory, but thousands of
protesters, mainly students, started rallying throughout the
country against his rule, which they consider autocratic.
The dinar has lost 0.4 percent against the euro so
far this year, prompting the central bank to sell more than 340
million euros to prop it up.
(Reporting by Aleksandar Vasovic; Editing by Larry King and