http://www.bloomberg.com/news/2012-06-07/serbia-raises-main-rate-amid-dinar-weakness-inflation-pressures.html
For the first time in over a year...the central bank raised the interest rate...to fight inflation...and bolster its currency...the dinar.
The new benchmark is 10%...a 50 basis increase.
The dinar has weakened by 10% vs the euro in 2012.
Popular Posts
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- USA : 07 May UPDATE: Famous Fat Cat Meow...Dies On Diet.
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- COLOMBIA: Corrupt Police Aided Bogota's Fake Torture Brothel.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- MEXICO : Zetas Founder/ Leader "Lucky" Hernandez Lechuga Captured In Veracruz.