NBS chief: Weakening currency "no cause for concern"

Jorgovanka Tabakovic said on Wednesday that the Serbian dinar's slide to a level somewhat higher than RSD 123 for one euro was not a cause for concern.

Izvor: Tanjug

Wednesday, 27.01.2016.

16:04

NBS chief: Weakening currency
(Tanjug, file)

NBS chief: Weakening currency "no cause for concern"

“In January 2015, the rate also stood at around RSD 123. At the moment, there is a stronger need for paying and importing energy-generating products,” Tabakovic said after signing with Dean of the Faculty of Economics Branislav Boricic a memorandum of understanding between the two institutions.

Speaking about the impact of big central banks, the governor said Serbia was much more affected by the policy of the Fed than that of the European Central Bank (ECB).

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