Yugoslavia outlines plans for euro swapover

YUGOSLAVIA - Yugoslavia's central bank said on 13 September it had ordered a euro equivalent of 540 million German marks from the Bundesbank in a first step to reshaping its forex reserves ahead of the launch of euro notes and coins.

"The money will start arriving on December 1...We've booked 276.5 million euros ($250.7 million) for this first stage," central bank governor Mladjan Dinkic said, outlining plans to swap over the bank's forex reserves from German marks to euros. The official foreign

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