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18. December 2002 - Wednesday |
Dinkic says hard currency reserves not spent on salvaging rate of exchange
BELGRADE - Hard currency reserves of the Yugoslav National Bank (NBJ) are growing and have not been spent on salvaging the rate of exchange of the dinar, NBJ Governor Mladjan Dinkic said in answer to an MP question from the federal parliament Chamber of Citizens.
Reserves are also placed with financial institutions, which are among leading world agencies for evaluating and
analyzing credit rating, as well as into foreign securities, strictly state bonds of the most industrialized nations, Dinkic said.
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