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18. May 2002
Yugoslav Bank governor says eight billion German marks converted into euros
Belgrade, 16 May: About 7.9 billion German marks have been converted into euros, Yugoslav National Bank Governor Mladjan Dinkic said on Thursday [16 May].

Dinkic recalled that 31 May is the deadline for converting the currencies of the 12 European Union countries into the euro at a 0.9 per cent commission.

Speaking at a press conference, Dinkic set out that after May 31 the Accounting and Payments Bureau would include a nine per cent conversion commission, while commercial banks would be allowed even bigger commissions.

Source: Tanjug news agency, Belgrade

 

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