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MONETARY CHAOS IN SARAJEVO

SARAJEVO, Apr 8 (Hina) - Bosnian Prime Minister Hasan Muratovic clarified on Monday in Sarajevo the monetary chaos while commenting on the economic situation in Bosnia-Herzegovina. Muratovic said the monetary chaos in Sarajevo and some other towns occurred due to the merchants' rejection to accept the Bosnia-Herzegovina dinar as the instrument of payment and declared that "those were speculations meant to buy the dinars from the population at a rate considerably lower than the official exchange". The Prime Minister stated there were no economic reasons for changing the official exchange rate of 100 dinars for one German mark, and that the confusion had arisen following the decision of the federal minister of finance demanding that all payments towards the Federation be executed in marks. That decision had so far not been enforced and the BiH National Bank stood firmly behind the official exchange rate, Muratovic said. For almost two days Sarajevo stores have not accepted BH dinars, while street black marketeers were exchanging 180 dinars for one German mark. Merchants said they were forced to do so as neither the Money Transfers Bureau would accept dinars. (hina) jt 081706 MET apr 96

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