Dinar strengthens against euro

The Serbian dinar will considerably strengthen against the euro by 1.2 percent on Thursday.

Izvor: Tanjug

Thursday, 15.12.2011.

10:57

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The Serbian dinar will considerably strengthen against the euro by 1.2 percent on Thursday. The official middle exchange rate will therefore be RSD 101.0572 for one euro, the National Bank of Serbia (NBS) stated in a release. Dinar strengthens against euro On a month-to-month basis, the dinar strengthened against the euro by 1.5 percent, while recording a 4.4 percent annual growth. This year, the dinar was the strongest on May 23, when the middle exchange rate was at RSD 96.7007 per euro, and the weakest on January 6, when one euro was worth RSD 106.4947. The indicative dinar-versus-dollar exchange rate stood at RSD 77.8561 on Wednesday, as the dinar went up by 0.8 percent compared to the previous day. In comparison to its value a month ago, the dinar dropped against the U.S. dollar by 3.2 percent, while on an annual level it strengthened by 1.9 percent, the NBS release reads.

Dinar strengthens against euro

On a month-to-month basis, the dinar strengthened against the euro by 1.5 percent, while recording a 4.4 percent annual growth.

This year, the dinar was the strongest on May 23, when the middle exchange rate was at RSD 96.7007 per euro, and the weakest on January 6, when one euro was worth RSD 106.4947.

The indicative dinar-versus-dollar exchange rate stood at RSD 77.8561 on Wednesday, as the dinar went up by 0.8 percent compared to the previous day. In comparison to its value a month ago, the dinar dropped against the U.S. dollar by 3.2 percent, while on an annual level it strengthened by 1.9 percent, the NBS release reads.

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