Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

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 gfilipovic@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.