RFE/RL NEWSLINE Vol. 4, No. 215, Part II, 6 November 2000
MONTENEGRO TO STOP USING YUGOSLAV DINAR? Dmitrije Vesovic, a
senior economic official in the Montenegrin government, said
on 3 November that Podgorica will stop using the Yugoslav
dinar altogether in a few weeks, Reuters reported. Vesovic,
who is the head of the republic's Accounting and Payment
Operations Service, said the government needs just over a
week "to complete a procedure for closing down all dinar
accounts and opening new German mark ones." But Montenegrin
Premier Filip Vujanovic said the previous day that the dual
use of the German mark and the Yugoslav dinar will remain in
place, despite a new law establishing an independent
Montenegrin Central Bank (see "RFE/RL Newsline," 2 November
2000). Vesovic said there are some 70 million dinars ($1.35
million) remaining in about 20,000 accounts in Montenegrin
banks, which will be converted into German mark accounts. PB
Copyright (c) 2000. RFE/RL, Inc. Reprinted with the permission of Radio Free
Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.
http://www.rferl.org
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