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BELGRADE: EIGHT BILLION GERMAN MARKS EXCHANGED

BELGRADE-Politika BELGRADE: EIGHT BILLION GERMAN MARKS EXCHANGED BELGRADE, May 31 (Hina) - About eight billion German marks were exchanged into euros and other currencies by May 30, or placed on foreign exchange accounts, the head of the Yugoslav National Bank's governor's cabinet, Ana Draskovic, told Belgrade's daily "Politika".
BELGRADE, May 31 (Hina) - About eight billion German marks were exchanged into euros and other currencies by May 30, or placed on foreign exchange accounts, the head of the Yugoslav National Bank's governor's cabinet, Ana Draskovic, told Belgrade's daily "Politika". #L# Of the overall amount, about 5.3 billion marks were exchanged into euros in cash, more than 1.3 were placed onto foreign exchange accounts, and the rest exchanged for Swiss francs and other convertible currencies. Today is the last day for exchanging German marks into other convertible currencies in Serbia. Those who do not do so by the end of the day, will have to pay a nine percent commission for exchange, while private exchange offices and banks will determine their own commissions. (hina) lml

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