Preparations for the winter season in Serbia were carried out in time and back in summer we filled gas storages in Banatski Dvor and Hungary. Such timely energy purchases set an example for all other participants in the economic system. The National Bank of Serbia has an anchor called a stable exchange rate – and we are holding it tight!
Patel is to talk about India’s current macroeconomic challenges from the Reserve Bank’s perspective. India – current macroeconomic context 8. India clocked an average growth of 9.5 per cent in the three year period before the global financial crisis (2005-08). For a nation that once believed that the “Hindu Rate of Growth” was its destiny, this remarkable growth performance was cause for celebration.