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29. January 2003 - Wednesday |
Oil prices will rise in any case, Savic
BELGRADE - A dramatic fall in the value of the dollar and the surge of the euro on the world market will have consequences also for our economy, first and
foremost due to the expected change in the price of oil, assessed on Wednesday
Institute of Economics expert Nebojsa Savic.
Savic, at the presentation of the latest issue of the Economic barometer, said that on the one hand for us it is good that the dollar dropped, because the greatest part of our debt is in dollars, but on the other hand, oil producers will raise the price because o that, which will not be good.
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