date:Oct 13, 2012
d by exports, said a trader with a Belgrade-based commercial bank.
The dinar sank to a record low of above 119 per euro in August, after a new law on the central bank eroded the institution's independence, rattled markets and drew criticism from the European Union and the International Monetary Fund.
TO assure investors, Serbia needs to secure a new loan deal with the IMF, which in February froze its 1 billion euro ($1.29 billion) deal with the country over inflated spending.
Last month, the