Dinar hits all-time low against euro

Another sign that Serbia's economy is still in dire situations. They have been trying to prevent the dinnar from falling for the last two years to no avail. Serbian government seems to have taken a page from Milosevic: When in crisis, print money. Would not be surprised if Serbia is faced with Greece type crisis very soon. The Serbian economy is way too weak to handle the kind of obligations it has: pensions (Euros500/month) and a debt burden of close to $30 billion. something will have to give soon.

I don't understand why the Serbian government keeps spending it's borrowed money to try to 'stabilize' the dinar.

Let it fall, if it needs to fall.

I thought 95 din was the psychological threshold. Jesus, bring on the elections already!

Another sign that Serbia's economy is still in dire situations. They have been trying to prevent the dinnar from falling for the last two years to no avail. Serbian government seems to have taken a page from Milosevic: When in crisis, print money. Would not be surprised if Serbia is faced with Greece type crisis very soon. The Serbian economy is way too weak to handle the kind of obligations it has: pensions (Euros500/month) and a debt burden of close to $30 billion. something will have to give soon.

I thought 95 din was the psychological threshold. Jesus, bring on the elections already!

I don't understand why the Serbian government keeps spending it's borrowed money to try to 'stabilize' the dinar.

Let it fall, if it needs to fall.