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Serbian government, National Bank of Serbia agree on dinarisation strategy
Belgrade,
6 April 2012
Prime Minister Mirko Cvetkovic and Governor of the National Bank of Serbia (NBS) Dejan Soskic signed the Memorandum on strategy of dinarisation of the financial system of Serbia, the purpose of which is the achievement of a satisfactory level of use of Serbian dinar in order to further strengthen the financial and macroeconomic stability of the country.
A statement by the NBS reads that the memorandum defines objectives, measures and actions to be taken in order to strengthen confidence in the national currency and bolster its use in the financial system.
The Serbian government and the NBS have recognised the need to increase the use of the dinar in the financial system which, in addition to contributing to financial stability, will lessen the risk of currency changes, reinforce the efficiency of monetary policy and, by extension, help foster the preconditions for a strong and sustainable economic growth.
The Serbian government and the NBS have recognised the need to increase the use of the dinar in the financial system which, in addition to contributing to financial stability, will lessen the risk of currency changes, reinforce the efficiency of monetary policy and, by extension, help foster the preconditions for a strong and sustainable economic growth.
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