World Bulletin / News Desk
In a statement on its website, the bank said the decision to trade the lira on the foreign exchange market was guided by the importance of Turkey in Serbia’s foreign trade.
The move would also strengthen economic cooperation between the countries, the bank said.
Trading in liras will make it easier for Turkish and Serbian companies to cooperate and is expected to stimulate joint projects.
The lira will be included among the currencies that the bank can buy and sell on the foreign exchange market.
Serbia's exports to Turkey rose by 16.8 percent year-on-year in the first nine months of 2017 to $229.3 million while imports from Turkey increased 17.8 percent to $562 million.
Turkey and Serbia have seen improving economic ties in recent years and Turkish President Recep Tayyip Erdogan’s visit in October focused on trade deals.
Office workers, farmers and radio hosts are taking on new nationalities, relocating their businesses or looking forward to lucrative alternative trade deals, as politicians struggle to come up with a plan.
The International Monetary Fund was going to be "attentive" to the consequences of the reform, which notably includes a sharply lower corporate tax rate, she told French radio station France Inter.
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The European aircraft maker said in a statement that net profit nearly tripled to 2.87 billion euros ($3.6 billion) in 2017 from 995 million euros a year earlier.
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Olaf Scholz, of the Social Democratic Party (SDP) that this week struck a deal to reform Germany's so-called grand coalition government with Chancellor Angela Merkel, said Germany "doesn't need to dictate to other European states how they run themselves".