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Tuesday, 08.07.2014.

10:32

Drop in value of domestic currency "not dramatic"

The drop of the Serbian dinar (RSD) to its record low against the euro this year "is not dramatic," economists told Tanjug on Monday.

Izvor: Tanjug

Drop in value of domestic currency "not dramatic" IMAGE SOURCE
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Questioner

pre 9 godina

"The drop of dinar is favourable for exporters, but on the other hand it is unfavorable for most citizens with dinar-denominated pensions and salaries and for those who took out loans with a foreign currency clause..."

Well, who expected to get the lower interest rates of a stable currency (he mainly means Euro when he talks about 'foreign currency', I guess) without the trade-off of currency fluctuation/devaluation?

Questioner

pre 9 godina

"The drop of dinar is favourable for exporters, but on the other hand it is unfavorable for most citizens with dinar-denominated pensions and salaries and for those who took out loans with a foreign currency clause..."

Well, who expected to get the lower interest rates of a stable currency (he mainly means Euro when he talks about 'foreign currency', I guess) without the trade-off of currency fluctuation/devaluation?

Questioner

pre 9 godina

"The drop of dinar is favourable for exporters, but on the other hand it is unfavorable for most citizens with dinar-denominated pensions and salaries and for those who took out loans with a foreign currency clause..."

Well, who expected to get the lower interest rates of a stable currency (he mainly means Euro when he talks about 'foreign currency', I guess) without the trade-off of currency fluctuation/devaluation?