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     Foreign Exchange Reference Rates
Euro Foreign Exchange Reference Rates as at: 26.11.2015.
All currencies quoted against the euro
(base currency)
   Note: The quoted rates shall apply
   as of 00:00h, 27.11.2015.
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Our Books

The Central Bank is pleased to publish book of its employees. The books are about the topics related to central banking, financial system, macroeconomics, economic policy and the like.


The Impact of the Global Crisis on Montenegro and the Western Balkans,
Franjo Štiblar, PhD



The Vulnerability of Montenegro and the Western Balkans to the Crisis



Problems of ownership structure in shareholding companies and the protection of minority shareholders,
Dr Velibor Milošević




Central banking in theory and practice,
Dr Nikola Fabris


List of Graphs, Schemes and Figures

Introductory notes


Investment funds – international experiences and domestic opportunities,
M.Sci. Danijela Vukajlović - Grba



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