The impact of foreign exchange policy on the export of goods in Republic of Serbia
2013
Pavlović, Radica (School of Business Studies, Požarevac (Serbia)) | Stamenković, Slobodan (School of Business Studies, Požarevac (Serbia))
Inadequate foreign exchange rate policy has influenced the weak competitiveness of domestic products in the world market, the import sector and stimulating effect on exports of domestic products. As a result, there is consumption of imported goods that have, due to the appreciation of the local currency, increased competitiveness. In this regard, the paper aims to show that a policy of appreciated exchange rate impact on reducing demand for domestic products, all using a smaller capacity and a deficit in the balance of payments as a brake economic development of the Republic of Serbia.
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