National Bank of Serbia reports on ‘dinarisation’ strategy

Photo: LukaP/Wikimedia Commons

A quarterly report on the use of the Serbian currency, the dinar, in the economy, published by the National Bank of Serbia (NBS) on August 31, found that despite efforts to increase use of the local currency, its share of lending and deposits fell.

Following the signing of a memorandum on the ‘dinarisation' strategy in April this year, the central bank said it would work "intensively" in a number of areas. These included strengthening the institutional and regulatory environment to develop

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