Fresh NBS intervention in currency market

The National Bank of Serbia (NBS) on Friday sold EUR 15mn on the inter-banking foreign currency market to improve its liquidity.

Izvor: Tanjug

Saturday, 29.11.2008.

11:28

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The National Bank of Serbia (NBS) on Friday sold EUR 15mn on the inter-banking foreign currency market to improve its liquidity. At the same time, the median exchange rate of the Serbian dinar, RSD, against the eurpo, EUR, was 89.4605, the NBS statement said. Fresh NBS intervention in currency market The central bank on Thursday did not intervene in the hard currency market. Since the beginning of November, the NBS has sold a total of EUR 357mn in continuing bids to prop up the weak dinar.

Fresh NBS intervention in currency market

The central bank on Thursday did not intervene in the hard currency market.

Since the beginning of November, the NBS has sold a total of EUR 357mn in continuing bids to prop up the weak dinar.

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