Serbian currency gains after slide

The Serbian dinar has strengthened against euro by 17 paras compared to the end of the previous week. The official middle exchange rate is RSD 103.6039 for one euro, announced the National Bank of Serbia. Serbian currency gains after slide The dinar hit its high for the year to date on February 24, when the middle exchange rate was RSD 102.8052 for one euro, while its lowest value was on January 6 when one euro was worth RSD 106.4947. The central bank made only one intervention in the interbank foreign exchange market since the start of the year, buying EUR 5mn, in an effort to prevent excessive daily fluctuations in the exchange rate.

Serbian currency gains after slide

The dinar hit its high for the year to date on February 24, when the middle exchange rate was RSD 102.8052 for one euro, while its lowest value was on January 6 when one euro was worth RSD 106.4947.

The central bank made only one intervention in the interbank foreign exchange market since the start of the year, buying EUR 5mn, in an effort to prevent excessive daily fluctuations in the exchange rate.