Is EUR to up to RSD 120?

Foreign currency is slowly nearingRSD 118 which was the late September limit planned. Dinar is weakening sinceinvestors are giving up the purchase of our bonds and because there are nodirect foreign investments.

Our currency is additionally weakening because of the announced of the decisionof the American monetary authorities to increase their referential interestrate.

Analysts estimate that strokes will last and that our currency value will continuedecreasing trend.

The Governor of the National Bank of Serbia, Jorgovanka Tabakovic, thinkspanics is unnecessary because dinar is stable.

Approximate auctions with the new dinar exchangerate only make the work more difficult for NBS and cost the state and thecitizens, Tabakovic says.

Tabakovic outlined NBS does not dareto forecast.

- But we do dare to promise thatwith all our strengths and knowledge we will try to maintain the achieved priceand financing stability - the Governor pointed out and stressed out that theNational Bank of Serbia is an open institution daily informs the public what,why and how is done, it is open for all journalists` questions, suggestions andcritiques.