Serbian dinar continues to recover

The Serbian dinar (RSD) will continue to strengthen against the euro (EUR) on Tuesday by another 13 paras. This sets the domestic currency's highest value since the beginning of 2011. Serbian dinar continues to recover The official middle exchange rate today stands at RSD 103.3915 for one euro, announced the National Bank of Serbia (NBS). In 2011, the Serbian currency was the weakest on January 6, when the middle exchange rate was RSD 106.4947 per euro. The central bank did not intervene in the interbank foreign exchange market on Monday, and since the beginning of the year it has bought EUR 5mn to alleviate excessive daily fluctuations in the exchange rate.

Serbian dinar continues to recover

The official middle exchange rate today stands at RSD 103.3915 for one euro, announced the National Bank of Serbia (NBS).

In 2011, the Serbian currency was the weakest on January 6, when the middle exchange rate was RSD 106.4947 per euro.

The central bank did not intervene in the interbank foreign exchange market on Monday, and since the beginning of the year it has bought EUR 5mn to alleviate excessive daily fluctuations in the exchange rate.