Bosnia's central bank governor says convertible mark is stable.

By bne IntelliNews August 11, 2011
In an interview for Dnevni avaz daily, Bosnia's central bank governor Kemal Kozaric said the country's currency is stable and is not endangered. He rejected the calls for devaluation of the local currency and added that the citizens can be calm. Kozaric added that the hard currency coverage of the convertible mark exceeds 100%. The governor does not believe they will have to replace the euro as the local currency's anchor.

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