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Monday, 06.10.2014.

12:21

Serbian currency drops to lowest level this year

The Serbian dinar (RSD) dropped by 0.1 percent against the euro (EUR) on Monday, the central bank (NBS) has announced.

Izvor: Tanjug

Serbian currency drops to lowest level this year IMAGE SOURCE
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Michael Thomas

pre 9 godina

Many Serbs are currently buying wood to burn to heat their homes over the winter. Wood is sold by the cubic metre. A cubic metre of wood in Serbia is the same size as a cubic metre of wood in France or Germany. The measure "cubic metre" is fixed by international agreement. There are no banks, no George Soros, to say that a Serbian cubic metre should be smaller than a German cubic metre. When it comes to weights and measures, metres and kilograms are the same in every country in the world.

Why are private western banks and crooks like Soros allowed to control the value of the Dinar, r indeed any currency? The value of the Dinar should be fixed against other countries and regulated by measuring it's purchasing power. For example, if we choose a basket of goods that costs 1,000 Dinars in Serbia and 10 Euros in France and Germany, then 1 Euro will be worth 100 Dinars. If there is inflation in Serbia and that basket of goods now costs 2,000 Dinars, but is still. 10 Euros in Germany, then the Dinar/Euro exchange rate will automatically change to 200 Dinars to 1 Euro. Changes in exchange rates should reflect changes in purchasing power and not be the result of financial speculation of foreign. Crooks.

Michael Thomas

pre 9 godina

Many Serbs are currently buying wood to burn to heat their homes over the winter. Wood is sold by the cubic metre. A cubic metre of wood in Serbia is the same size as a cubic metre of wood in France or Germany. The measure "cubic metre" is fixed by international agreement. There are no banks, no George Soros, to say that a Serbian cubic metre should be smaller than a German cubic metre. When it comes to weights and measures, metres and kilograms are the same in every country in the world.

Why are private western banks and crooks like Soros allowed to control the value of the Dinar, r indeed any currency? The value of the Dinar should be fixed against other countries and regulated by measuring it's purchasing power. For example, if we choose a basket of goods that costs 1,000 Dinars in Serbia and 10 Euros in France and Germany, then 1 Euro will be worth 100 Dinars. If there is inflation in Serbia and that basket of goods now costs 2,000 Dinars, but is still. 10 Euros in Germany, then the Dinar/Euro exchange rate will automatically change to 200 Dinars to 1 Euro. Changes in exchange rates should reflect changes in purchasing power and not be the result of financial speculation of foreign. Crooks.

Michael Thomas

pre 9 godina

Many Serbs are currently buying wood to burn to heat their homes over the winter. Wood is sold by the cubic metre. A cubic metre of wood in Serbia is the same size as a cubic metre of wood in France or Germany. The measure "cubic metre" is fixed by international agreement. There are no banks, no George Soros, to say that a Serbian cubic metre should be smaller than a German cubic metre. When it comes to weights and measures, metres and kilograms are the same in every country in the world.

Why are private western banks and crooks like Soros allowed to control the value of the Dinar, r indeed any currency? The value of the Dinar should be fixed against other countries and regulated by measuring it's purchasing power. For example, if we choose a basket of goods that costs 1,000 Dinars in Serbia and 10 Euros in France and Germany, then 1 Euro will be worth 100 Dinars. If there is inflation in Serbia and that basket of goods now costs 2,000 Dinars, but is still. 10 Euros in Germany, then the Dinar/Euro exchange rate will automatically change to 200 Dinars to 1 Euro. Changes in exchange rates should reflect changes in purchasing power and not be the result of financial speculation of foreign. Crooks.