Central bank sells EUR 58.5mn

The National Bank of Serbia (NBS) has sold EUR 58.5mn in order to prevent disturbances in the inter-bank market.

Izvor: Beta

Thursday, 31.12.2009.

11:42

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The National Bank of Serbia (NBS) has sold EUR 58.5mn in order to prevent disturbances in the inter-bank market. The disturbances were expected due to the considerable growth of the Serbian dinar (RSD) liquidity. Central bank sells EUR 58.5mn The central bank's website said that the state has been turning the money it got from the IMF for budget support into dinars in the last days of December. The home currency funds are meant for payments to the budget users, according to the approved rebalance.

Central bank sells EUR 58.5mn

The central bank's website said that the state has been turning the money it got from the IMF for budget support into dinars in the last days of December.

The home currency funds are meant for payments to the budget users, according to the approved rebalance.

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