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Friday, 05.10.2012.

15:55

Vice-governor says Serbian currency is "undervalued"

Serbian central bank (NBS) Vice-Governor Diana Dragutinović has said that the Serbian national currency, the dinar, was "probabyl undervalued at this point".

Izvor: Beta

Vice-governor says Serbian currency is "undervalued" IMAGE SOURCE
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Santa

pre 11 godina

This is rich coming from this Yank.If I'm not mistaken the US economy is in such dire straits with it's massive trillions of dollars debt that for one of their "economists" to have the audacity to tell us how to run our economy is quite frankly breath-takingly arrogant.But that's what they're like...Washington always knows best...ho ho ho!

WtH

pre 11 godina

Diana,
think twice.
"Manipulation of exchange rates

Countries may gain an advantage in international trade if they manipulate the value of their currency by artificially keeping its value low, typically by the national central bank engaging in open market operations. It is argued that the People's Republic of China has succeeded in doing this over a long period of time.
In 2010, other nations, including Japan and Brazil, attempted to devalue their currency in the hopes of subsidizing cheap exports and bolstering their ailing economies. A low exchange rate lowers the price of a country's goods for consumers in other countries but raises the price of goods, especially imported goods, for consumers in the manipulating country.[7]"
Wikipedia as seen on 5th of October 2012

This stupid statement of Diana is the result of offering jobs to party members instead of hiring experts.

WtH

pre 11 godina

Diana,
think twice.
"Manipulation of exchange rates

Countries may gain an advantage in international trade if they manipulate the value of their currency by artificially keeping its value low, typically by the national central bank engaging in open market operations. It is argued that the People's Republic of China has succeeded in doing this over a long period of time.
In 2010, other nations, including Japan and Brazil, attempted to devalue their currency in the hopes of subsidizing cheap exports and bolstering their ailing economies. A low exchange rate lowers the price of a country's goods for consumers in other countries but raises the price of goods, especially imported goods, for consumers in the manipulating country.[7]"
Wikipedia as seen on 5th of October 2012

This stupid statement of Diana is the result of offering jobs to party members instead of hiring experts.

Santa

pre 11 godina

This is rich coming from this Yank.If I'm not mistaken the US economy is in such dire straits with it's massive trillions of dollars debt that for one of their "economists" to have the audacity to tell us how to run our economy is quite frankly breath-takingly arrogant.But that's what they're like...Washington always knows best...ho ho ho!

Santa

pre 11 godina

This is rich coming from this Yank.If I'm not mistaken the US economy is in such dire straits with it's massive trillions of dollars debt that for one of their "economists" to have the audacity to tell us how to run our economy is quite frankly breath-takingly arrogant.But that's what they're like...Washington always knows best...ho ho ho!

WtH

pre 11 godina

Diana,
think twice.
"Manipulation of exchange rates

Countries may gain an advantage in international trade if they manipulate the value of their currency by artificially keeping its value low, typically by the national central bank engaging in open market operations. It is argued that the People's Republic of China has succeeded in doing this over a long period of time.
In 2010, other nations, including Japan and Brazil, attempted to devalue their currency in the hopes of subsidizing cheap exports and bolstering their ailing economies. A low exchange rate lowers the price of a country's goods for consumers in other countries but raises the price of goods, especially imported goods, for consumers in the manipulating country.[7]"
Wikipedia as seen on 5th of October 2012

This stupid statement of Diana is the result of offering jobs to party members instead of hiring experts.