date:Oct 13, 2012
DINAR MAY LOWER INFLATION
The Serbian dinar has gained 1 percent this week and was quoted at 111.9 on Friday, according to Reuters data. [Id: nL5E8LC4VG]
Dealers said loans for exporters, which the government has been subsidising since September, as well as stronger demand for the currency by portfolio investors were boosting the dinar, which could lower inflation to a degree.
The dinar strengthening could lower import prices but it is probably a short-term event as the currency is not backe