Currency weakens despite intervention
The Serbian dinar (RSD) will weaken on Tuesday by 11 paras, setting the official middle exchange rate at RSD 107.1945 for one euro.
Tuesday, 30.11.2010.
09:38
The Serbian dinar (RSD) will weaken on Tuesday by 11 paras, setting the official middle exchange rate at RSD 107.1945 for one euro. The National Bank of Serbia (NBS) announced that this comes after it sold EUR 20mn on the interbank foreign exchange market to alleviate excessive daily fluctuations in the exchange rate. Currency weakens despite intervention The central bank intervened on November 18 by selling EUR 30mn, and including the Monday intervention, it has sold EUR 2.389bn since the beginning of the year.
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