The Serbian dinar lost 0.4 percent of its value against the euro (EUR) on Thursday, despite the central bank selling EUR 30mn on the interbank exchange market.
This is not a real news ..everyone was expecting this..the Serbian problem are huge and the situation of the whole Balkan region is not helping...plus EU and Russia are collapsing...things will get worser...
While it's true that this is the "lowest this year", it's also true that it's the lowest in the last 15 years.
Something's gonna snap here and it won't be pretty. Central bank has spend ONE BILLION euros this year propping up the Dinar and what did it get for it? Dinar is now at a historical low.
What happens when the NBS has no more borrowed Euros to prop up the Dinar?
While it's true that this is the "lowest this year", it's also true that it's the lowest in the last 15 years.
Something's gonna snap here and it won't be pretty. Central bank has spend ONE BILLION euros this year propping up the Dinar and what did it get for it? Dinar is now at a historical low.
What happens when the NBS has no more borrowed Euros to prop up the Dinar?
This is not a real news ..everyone was expecting this..the Serbian problem are huge and the situation of the whole Balkan region is not helping...plus EU and Russia are collapsing...things will get worser...
While it's true that this is the "lowest this year", it's also true that it's the lowest in the last 15 years.
Something's gonna snap here and it won't be pretty. Central bank has spend ONE BILLION euros this year propping up the Dinar and what did it get for it? Dinar is now at a historical low.
What happens when the NBS has no more borrowed Euros to prop up the Dinar?
This is not a real news ..everyone was expecting this..the Serbian problem are huge and the situation of the whole Balkan region is not helping...plus EU and Russia are collapsing...things will get worser...
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