Our Bank represents the ninth of the 12 Federal Reserve districts and includes Montana, the Dakotas, Minnesota, northwestern Wisconsin and the Upper Peninsula of Michigan. Eight times per year, the FOMC meets to set the path of interest rates over the next six to seven weeks.
Serbia became a kingdom in 1882 and already on 6 January 1883 the National Assembly of the Kingdom of Serbia passed the Law on Establishment of the National Bank. The Law was signed by Parliament Speaker Milan Kujundžić-Aberdar and Minister of Finance Čedomilj Mijatović, while King Milan Obrenović confirmed it with his signature.