Serbian currency now stable

Speaking in the town of Šabac, he told reporters that this development is expected to have effective long-run correlation with the difference between the inflation rates in Serbia and the eurozone.

“This is a long-term trend and short-term fluctuations are possible, but the NBS (National Bank of Serbia) will intervene,” Cvetković said.

The premier added that Serbia has achieved stability, as evidenced by the growth in exports and imports and in domestic demand, which means that the purchasing power in the country is recovering, which is an expected development in post-recession periods.