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Boosting Trust in Serb Dinar ‘Mission Impossible,’ Danas Says

Aug. 3 (Bloomberg) -- Restoring confidence in the Serbian dinar is “mission impossible” and policy makers should consider subsidized interest rates to encourage dinar savings and a boost to longer-dated dinar-denominated Treasury bills, Danas reported today, citing Vladimir Vuckovic of Megatrend University and other analysts.

For several years, Serbia lacked political stability, while inflation rates fluctuated widely and so did economic activity, said Vuckovic. Only with stability spread over several years, confidence in the dinar will grow, Danas cited Vuckovic as saying.

To contact the reporter on this story: Gordana Filipovic in Belgrade at

To contact the editor responsible for this story: James M. Gomez at

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