Citizens have no reason for concern about the exchange rate of the dinar, Serbia’s Central Bank Governor Jorgovanka Tabakovic has said, adding that it will stable as long as she is in office.
“In the last three years, the dinar dropped on average 1 percent annually. From 2010 to 2015, the dinar weakened 21 percent, but until August 2012 when I took office, the dinar fell 18.9 percent,” Tabakovic said.
“The rate will be stable as long as I am governor and as long as we have foreign exchange reserves as we do, and last year we secured over 0.5 billion in reserves. No need for concern,” Tabakovic was adamant.
The dinar dropped 0.1 percent against the euro to RSD 123.3738 on Wednesday – a new 2016 low for the Serbian national currency.
Source: Tanjug
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