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Euro Foreign Exchange Reference Rates as at: 04.05.2016.
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Balance of Payments

The balance of payments of Montenegro is a statistical statement that summarizes transactions between residents and nonresidents during a period. Pursuant to the Law on the Central Bank of Montenegro („Official Gazette of Montenegro“ no. 40/10, 46/10 and 6/13), Law on Official Statistics and Statistical System (“Official Gazette of Montenegro”, no 18/12) and the Law on Current and Capital Operations with Abroad („Official Gazette of Republic of Montenegro“ no. 45/05 and „Official Gazette of Montenegro“ no. 62/08,40/11), the Central Bank of Montenegro compiles Balance of payments of Montenegro. The balance of payments is compiled in accordance with the IMF methodology (IMF Balance of Payments Manual, 6th edition, 2009) and EU regulations in area of balance of payments statistics. Pursuant to the aforesaid laws and the Decision on Statistical Data to Be Submitted to the Central Bank for the Purpose of Compilation of the Balance of Payments („Official Gazette of Montenegro“ no. 61/12) and Decision on keeping separate records on foreign current and capital transactions and their reporting to the Central bank of Montenegro (“Official Gazette of Montenegro” no 38/10), the Central Bank of Montenegro collects and compiles data required for the balance of payments statistics. These data are published quarterly, in euros.

Updated: 15.04.2016

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