26 July 1993 The dinar was devalued over twenty times in just one month. Money-printing by the National Bank of Yugoslavia is responsible for this. The alleged use of central bank money for purchasing wheat has definitely invalidated the domestic currency. The federal government did not stand up against this policy of the National Bank […]

You have reached an article for premium members. To read this article please login if you are already a TOL member. Or continue to read our content from the past month.

You can subscribe here to gain access.