Home currency gains slightly

The Serbian dinar, RSD, has strengthened slightly Monday.

Izvor: Beta

Monday, 18.02.2008.

11:03

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The Serbian dinar, RSD, has strengthened slightly Monday. Official National Bank of Serbia (NBS) mean exchange rate is RSD 83.33 for EUR 1 today. Home currency gains slightly But this is the result of last week's inter-banking trading, and means that the domestic currency is now 13 paras stronger than on Thursday, last week's last working day. But whether and to what extend the volatile political situation in the country will affect the exchange rate will become obvious after the closing of the inter-banking trading today. The dinar's current value is close to its weakest point this year, when on Feb. 13 one euro was worth RSD 83.48. In 2008 so far, the home currency was strongest on Jan. 22, when one euro was worth RSD 80.32.

Home currency gains slightly

But this is the result of last week's inter-banking trading, and means that the domestic currency is now 13 paras stronger than on Thursday, last week's last working day.

But whether and to what extend the volatile political situation in the country will affect the exchange rate will become obvious after the closing of the inter-banking trading today.

The dinar's current value is close to its weakest point this year, when on Feb. 13 one euro was worth RSD 83.48.

In 2008 so far, the home currency was strongest on Jan. 22, when one euro was worth RSD 80.32.

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