Now, the NGFS has evolved into a network of 91 members and 14 observers covering five continents, around 85% of global emissions, 88% of the global economy and all global systemically important banks. And it continues to expand its coverage, reach and range of activities.
Moreover, some of these countries have a relatively recent history of price instability and overall financial instability. A good example in the group of such countries is Serbia. What are the major challenges of FX lending in Serbia?