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
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- COLOMBIA / CUBA / NETHERLANDS : 02 Feb UPDATE: FARC Terrorists Kill 3 Cops; Peace Talks Resume ; Army Kills 5 FARC; Dutch Woman Is FARC Negotiator.
- CHILE : Maid's Short Walk Thru Gated Community...Aborted...Outraging Many.
- SPAIN / ARGENTINA : 29 Jan UPDATE: TIME Magazine Features Lionel Messi On Cover.
- MEXICO: President-Elect Pena Nieto Interviewed; Ruling PAN Party's Prospects Look Dim.
- HOLLYWOOD / USA : Screenwriter/ Humorist Nora Ephron Dead...At 71.
- BOLIVIA: Thousands Protest Food Hikes.
- AUSTIN / FRANCE : Report Claims Disgraced Biker Armstrong Sells Texas Home...To Pay Mounting Legal Costs.
- CHILE: 22 Dec UPDATE: Santiago Fans Give Madonna The Cold Shoulder; 650 File Complaints About Late, Short Concert; Diva Objects To Smokers, Threatened Walkout.
- PERU: 378 Workers in Ica Sickened From Pesticides.