Minister of Finance Dragutinovic has stated that the government, together with the NBS, has to contribute to the reduction of the dinar euroisation and increase in demand for dinars which will definitely mitigate the oscillations of the exchange rate.

"This can be realized, for instance, via promotion of securities market, particularly the long-term securities (18 or even 24 months), development of the corporate and local securities market, and providing conditions for conversion of foreign currency to dinar loans. Anyhow, the state and the NBS share the responsibility," Dragutinovic said for Vecernje novosti.

She pointed out that the exchange rate is not a goal to itself, adding that it may be a good idea to pose a question which type of exchange rate suits our economy and which exchange rate level will support the new model of economic growth.

"We can conclude based on its influence on inflation on one hand and reduction of export imbalance on the other whether the exchange rate is acceptable or not," the minister said.