Serb Central Bank to Discuss Fixed Rate for Dinar, Blic Reports

Serbian central bank Governor Jorgovanka Tabakovic will hold closed-door discussions with businessmen and bankers on whether a fixed exchange rate for the dinar is better than a managed float, Blic newspaper reported without saying where it got the information.

Nebojsa Savic, the chairman of the Governor’s Council, opposes the idea and said the central bank needs to continue to fight “indecently high inflation,” according to Blic.

Tabakovic promised a public discussion on an exchange rate system during the March 12-15 Kopaonik Business Forum. The central bank’s press office could not confirm the plan, when contacted by Bloomberg.

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