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Wednesday, 26.05.2010.

09:55

C. bank sells EUR 20mn to prop dinar

The National Bank of Serbia (NBS) sold EUR 20mn in the foreign exchange market on Tuesday.

Izvor: Tanjug

C. bank sells EUR 20mn to prop dinar IMAGE SOURCE
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2 Komentari

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Charli

pre 13 godina

Are you accusing the NBS of short selling to make a profit? If so, ridiculous. Serbia's problems (and the value of the dinar) are much more difficult, but straight forward: lack of exports, corrupt government, inability to make government cuts, horrible infrastructure, and native entrepreneurs that will not keep their money in the country. Some are so drunk they drive up the steps of the Parliament and the local police do not even fine them! A complete mess.

No wonder Jelasic resigned! But sad. Good luck Dr. Soskic.

Rob

pre 13 godina

Way to manipulate the dinar, the only currency that is losing value as the euro weakens.

Government turns billions of dinars into euros when the cost of euro is low, then manipulates the dinar to lose value so it goes up to 100+++ and then it sells euro and collects the margins from which it pays pensions, and other debts... smart very smart!!!

Rob

pre 13 godina

Way to manipulate the dinar, the only currency that is losing value as the euro weakens.

Government turns billions of dinars into euros when the cost of euro is low, then manipulates the dinar to lose value so it goes up to 100+++ and then it sells euro and collects the margins from which it pays pensions, and other debts... smart very smart!!!

Charli

pre 13 godina

Are you accusing the NBS of short selling to make a profit? If so, ridiculous. Serbia's problems (and the value of the dinar) are much more difficult, but straight forward: lack of exports, corrupt government, inability to make government cuts, horrible infrastructure, and native entrepreneurs that will not keep their money in the country. Some are so drunk they drive up the steps of the Parliament and the local police do not even fine them! A complete mess.

No wonder Jelasic resigned! But sad. Good luck Dr. Soskic.

Rob

pre 13 godina

Way to manipulate the dinar, the only currency that is losing value as the euro weakens.

Government turns billions of dinars into euros when the cost of euro is low, then manipulates the dinar to lose value so it goes up to 100+++ and then it sells euro and collects the margins from which it pays pensions, and other debts... smart very smart!!!

Charli

pre 13 godina

Are you accusing the NBS of short selling to make a profit? If so, ridiculous. Serbia's problems (and the value of the dinar) are much more difficult, but straight forward: lack of exports, corrupt government, inability to make government cuts, horrible infrastructure, and native entrepreneurs that will not keep their money in the country. Some are so drunk they drive up the steps of the Parliament and the local police do not even fine them! A complete mess.

No wonder Jelasic resigned! But sad. Good luck Dr. Soskic.