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When the RSD strengthened, the prices of imported products weren’t lowered, and now rises in price are being announced. Continue reading
Vincent Degert said that Serbia had at the last moment dodged “the Greek scenario”. Continue reading
The strengthening of the RSD against the Euro in the past period cannot be a long-term occurrence since there is no significant recovery of the Serbian economy behind it all. Continue reading
The Dinar had in 2010 weakened the most against the Euro of all European currencies! The local currency lost as much as 9.6% of its value, with the Hungarian Forint (2.2 %), Romanian Lev (0.9%) and the Macedonian Denar (0.7 %) are far behind. The data refer to the first ten months of 2010, but are virtually indistinguishable from the annual. Continue reading
In 2011 likely to be exceeded projected inflation will be continued weakening of the dinar, and the growth of average wages will be induced only through public sector wages, is the result of research by the Institute for Market Research (IMR). Continue reading