There is no doubt that time is running out for us to tackle the climate and environmental crises. What does this mean for banks? This means that the time for preparations is over and the time for action is now.
The events of the last days of 2005 and the recent week are just a proof of the need to hedge foreign currency positions – the sooner the better. The exchange rate is not even mentioned among the 3 goals the National Bank of Serbia should pursue!