TY - JOUR AU - Marčetić, Marija PY - 2012/06/28 Y2 - 2024/03/28 TI - SELECTION OF THE EXCHANGE RATE MODE JF - BizInfo (Blace) Journal of Economics, Management and Informatics JA - home VL - 3 IS - 1 SE - Articles DO - UR - http://bizinfo.edu.rs/index.php/bizinfo/article/view/71 SP - 69-80 AB - <p><em>Since the onset of</em><em> market reforms in Serbia, leading to sharp debate about the optimal exchange rate regime. Currently the actual fluctuating exchange rates that replaced a fixed regime, while many experts "call" to the aid of a currency board. The paper reviews the advantages and disadvantages of each solution in order to elucidate the role of the exchange rate in achieving economic progress</em><em>.</em></p> ER -