3 October 1994 The official foreign currency rate of the dinar has been halved. Bosnian Serb leader Radovan Karadzic’s dealers certainly gave a helping hand to its fall. The peasants who now receive some cash for their wheat also helped. But the basic reason is that the dinar is being grounded by the inability of a paralyzed economy to expand. […]
You have reached a premium content area of Transitions. To read this entire article please login if you are already a Transitions subscriber.
Not a subscriber?
Subscribe today for access to:
Full access to the website and archive of over 26,000 articles
Exclusive monthly, members-only newsletter offering behind-the-scenes views from our contributing writers
A guest, two-month subscription to share with a friend
