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Serbia will seek an urgent U.N. Security Council meeting to discuss the escalation of tensions with its former province of Kosovo after its government decided to ban the use of the Serbian dinar ...
The leaders of Serbia and Kosovo sparred at the United Nations over the latter's ban of the use of the Serbian currency in areas where minority Serbs live, the latest crisis between the two ...
The dinar (Serbian: динар, pronounced; paucal: dinara / динара; abbreviation: DIN and дин ; code: RSD) is the currency of Serbia. The dinar was first used in Serbia in medieval times, its earliest use dating back to 1214. The dinar was reintroduced as the official Serbian currency by Prince Mihailo in
A senior U.S. official on Wednesday urged Kosovo and Serbia to make tough decisions to restart talks and “move forward” on normalizing ties. Deputy Assistant Secretary of State Gabriel Escobar ...
The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .
In 1945, as Yugoslavia began to be reconstituted, the Yugoslav dinar replaced the Serbian dinar, Independent State of Croatia kuna and other occupation currencies, with the rates of exchanged being 1 Yugoslav dinar = 20 Serbian dinara = 40 kuna. [7] Yugoslavia was a founding member of the International Monetary Fund. At the time, other ...
The dinar was widely used in ethnic Serbian-dominated. Thousands of minority Serbs in Kosovo on Monday protested a ban on the use of the Serbian currenc y in areas where they live, an issue that ...
However, wartime inflation and tensions with the Federal Republic of Yugoslavia severely discredited the Yugoslav dinar, and many in Kosovo preferred using and hoarding foreign currencies. At the time, the most frequently used foreign currencies were the Albanian lek and German mark , although the U.S. dollar and Swiss franc were also widely used.