Dejan Soskic

Economics professor Dejan Soskic says the main reason behind the strong Serbian dinar (RSD) is the country's restrictive monetary policy.

Economics professor Dejan Soskic says the main reason behind the strong Serbian dinar (RSD) is the country's restrictive monetary policy.

Drop in value of domestic currency "not dramatic"

BELGRADE -- The drop of the Serbian dinar (RSD) to its record low against the euro this year "is not dramatic," economists told Tanjug on Monday.

They added that "exporters can derive benefits from the lower dinar value."

BELGRADE - The drop of the Serbian dinar to its record low against the euro this year is not dramatic and exporters can derive benefits from the lower dinar value, economists told Tanjug on Monday.

BELGRADE - Former National Bank of Serbia (NBS) governor Dejan Soskic pointed to alarming trends in Serbia and warned that the country faces serious problems.

Speaking at the 14th Economic Summit in Belgrade on Monday, Soskic stated that 39.1 percent of the budget went this year towards debt repayment.