BQK: Pay in Kosovo to only be conducted by euro

The Kosovo Central Bank has adopted a regulation for cash operations, which says the only currency allowed to conduct cash transactions in Kosovo is the euro.

This regulation will take effect on February 1st.

The only “Valta allowed to be used for conducting cash and payment transactions in the Republic of Kosovo is euros, both currency and Article 11 of the Constitution of the Republic of Kosovo and articles 16, 17 and 18 of Law No. 03L-209 for the Central Bank of the Republic of Kosovo”, Article 35 of this says Rules.

In Kosovo, in all Serb majority settlements, the population there uses the Serbian dinar to carry out payments, and those who work in Serbian institutions in Kosovo receive their salaries with dinars. The pensions are also paid with dinars, according to the Serbian system, as well as additions for children and social aid.

Also, in areas where Serbs live, dinars are used in commercial objects, while in the four Serb majority municipalities in the north, prices are of dinars.

In BQK regulations, it is said that noneuro waves can only be used to store “in physical form or in bank accounts” and can carry out international payments, and these currency can also be used for exchange.

But the exchange, according to the CEC, can only be carried out through institutions licensed by it for this service.

So far, dinars in Kosovo circulate through Serbian public company “Serbia's post”, which operates in Serb-run settlements in Kosovo. The account in dinars also has in banks “Postanska stedinica” (Italics) and “NLB Komercijalna banka”.

The dinars have come to Kosovo from Serbia through the National Bank of Serbia, which has a safe in Leposaviq, the municipality in Kosovo's Serb-run north. Money there was transported by the money transport company “Henderson”.

The BQK regulation says that import and export of euro currency and metal currency and other currency in Kosovo is its executive right.

Earlier, the issue of transactions with noneuro currency has been raised by Serbia's president, Aleksandar Vuciq, who has said Kosovo will stop transactions with dinars.

The Kosovo government has not been declared on this issue.

Meanwhile, the European Union's envoy for the Kosovo-Serbia dialogue, Miroslav Lajcak, has told Serbian television, Pink, that for the use of the dinar in Kosovo, he has talked with Kosovo Deputy Prime Minister Besnik Bislim, and on this issue he has announced Brussels.