Post Tagged with: "#currency"

Surplus Reserves in the Central Bank of Bosnia and Herzegovina account available to Banks

April 4, 2020 8:00 AM
Surplus Reserves in the Central Bank of Bosnia and Herzegovina account available to Banks

    “In recent days, inaccurate claims have been made in public about the role, tasks, and authority of the Central Bank of Bosnia and Herzegovina (CBBH), set by the Law on the Central Bank of BiH and the Constitution of Bosnia and Herzegovina. That is why we want to […]

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20th anniversary of the Convertible Mark celebrated

July 3, 2018 3:00 PM
20th anniversary of the Convertible Mark celebrated

The Central Bank of Bosnia and Herzegovina (CBBH) and the “JP BH POŠTA” d.o.o. Sarajevo celebrated the 20th anniversary of the convertible mark (KM), the monetary unit of Bosnia and Herzegovina. The ceremony was held today at the CBBH premises in Sarajevo. On that occasion, the postal mark „20 years […]

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20 Years Anniversary since putting the Convertible Mark in Circulation

June 23, 2018 4:00 PM
20 Years Anniversary since putting the Convertible Mark in Circulation

The convertible mark celebrates 20 years of its putting in circulation as the legal tender in Bosnia and Herzegovina. The first banknotes of KM were issued on 22 June 1998, after almost one year since the Central Bank of Bosnia and Herzegovina had started its operations.  Since that day, citizens […]

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Director of World Bank for the WB: A Stable Currency allows BiH to have Low Inflation

September 26, 2017 2:00 PM
Director of World Bank for the WB: A Stable Currency allows BiH to have Low Inflation

Linda Van Gelder, the Director of the World Bank for the Western Balkans, discussed the position of BiH in the financial market, the role of the Central Bank of BiH, inflation and deflation, and recommendations of the World Bank for strengthening the economy and living standards with a stable financial […]

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Happy 19th Birthday: BAM was officially issued on This Day

June 23, 2017 12:15 PM
Happy 19th Birthday: BAM was officially issued on This Day

On the 22nd of June, 19 years ago, the Bosnian Convertible Mark (BAM) was officially introduced as a means of payment on the territory of BiH. The first banknotes were officially released on June 22, 1998. At the very beginning, different design banknotes were issued in the two BH entities, […]

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Wigemark: Absolutely Unacceptable Idea of Printing Money

February 10, 2017 11:00 AM
Wigemark: Absolutely Unacceptable Idea of Printing Money

Intervention in the monetary system cannot help the economy of BiH, which is advocated by the President of RS Milorad Dodik, said the Head of EU Delegation to BiH and EU Special Representative in BiH, Ambassador Lars-Gunnar Wigemark. “This is the issue on which I would not agree with Dodik […]

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Euro the weakest against the Dollar in the past 14 Years

December 21, 2016 9:00 PM
Euro the weakest against the Dollar in the past 14 Years

Strengthening of the USD almost led to the equalization of its value with EUR, which was the weakest in the past 14 years this Tuesday. This facilitates traveling to American tourists and encourages European exporters. Euro fell by 0.3 percent on Tuesday and was worth 1.0367 USD in the afternoon […]

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How does BiH stand in terms of State Reserves of Gold?

August 24, 2016 2:45 PM
How does BiH stand in terms of State Reserves of Gold?

In the time of unstable economic activities, large state deficits, tumultuous monetary policy, there is a common opinion that gold is much safer “currency” than paper bills, which are often without coverage. That is how individuals think, but states as well, so they strive to diversify the foreign currency reserves […]

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