Arhar: Rumors about devaluation are ungrounded

Ljubljana, 17 July - ARHAR/SUPERVISION/BANKS/MEETING/GOVERNORS
Governors of three central banks from former Yugoslav countries including Croatia, Macedonia and Bosnia-Herzegovina responded Wednesday to the invitation of the Bank of Slovenia, while no response was so far given by Deputy Governor of the National Bank of Yugoslavia. This means that a meeting of governors of central banks from former Yugoslav countries will take place next week in Slovenia, to address the document issued by the Basel-based Bank for International Settlements and open financial questions deriving from the former common state. These regard events related to the London and Paris clubs and clearing assets the National Bank of Yugoslavia kept in the former Soviet Union. The meeting is also to address current monetary policies and problems faced by individual new countries. In short, it will resemble those held in Basel, Switzerland, where governors exchange experience and solutions, Bank of Slovenia (BS) Governor France Arhar told STA. He also presented Slovene central bank's monetary policy, supervision of business banks and the future exchange rate policy.