NBS, govt. agree on "dinarization" strategy
The National Bank of Serbia (NBS) and the Serbian government signed a Memorandum on the strategy of "dinarization of the domestic financial system".
Friday, 06.04.2012.
18:36
The National Bank of Serbia (NBS) and the Serbian government signed a Memorandum on the strategy of "dinarization of the domestic financial system". The document aimed at achieving a satisfactory degree of use of the Serbian dinar (RSD) to further strengthen the country's financial and macroeconomic stability. NBS, govt. agree on "dinarization" strategy The document defines the objectives, measures and activities to be taken for strengthening the confidence in the national currency and its use in the financial system, the NBS said on Friday. The central bank said that it and the government acknowledged the need for a greater use of the dinar in the financial system, which should, in addition to improving the financial stability, reduce the risk arising from exchange rate fluctuations, strengthen the effectiveness of monetary policy and thereby help create conditions for a strong and sustainable economic development. Tanjug
NBS, govt. agree on "dinarization" strategy
The document defines the objectives, measures and activities to be taken for strengthening the confidence in the national currency and its use in the financial system, the NBS said on Friday.The central bank said that it and the government acknowledged the need for a greater use of the dinar in the financial system, which should, in addition to improving the financial stability, reduce the risk arising from exchange rate fluctuations, strengthen the effectiveness of monetary policy and thereby help create conditions for a strong and sustainable economic development.
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