Serbian dinar drops by 1.2 percent

The Serbian dinar will sharply drop by 1.2 percent against euro on Thursday, the National Bank of Serbia (NBS) has said in a release.

Izvor: Tanjug

Thursday, 29.12.2011.

10:23

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The Serbian dinar will sharply drop by 1.2 percent against euro on Thursday, the National Bank of Serbia (NBS) has said in a release. The official middle exchange rate will therefore be RSD 103.8662 for one euro. Serbian dinar drops by 1.2 percent On a month-to-month level, the dinar-euro rate will remain unchanged, whereas on a year-to-year basis the dinar will gain in value by 1.9 percent. This year, the dinar was the strongest on May 23, with the middle exchange rate at RSD 96.7007 for one euro, and the weakest on January 6, when one euro was worth RSD 106.4947. On Wednesday, the indicative exchange rate of the dinar against the U.S. dollar was at RSD 79.9955 for one dollar, a decrease of 1.8 percent compared to the previous day. On a month-to-month basis, the dinar weakened against the dollar by 2.9 percent, while improving by 0.8 percent on an annual basis, the NBS said. Tanjug

Serbian dinar drops by 1.2 percent

On a month-to-month level, the dinar-euro rate will remain unchanged, whereas on a year-to-year basis the dinar will gain in value by 1.9 percent.

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

On Wednesday, the indicative exchange rate of the dinar against the U.S. dollar was at RSD 79.9955 for one dollar, a decrease of 1.8 percent compared to the previous day.

On a month-to-month basis, the dinar weakened against the dollar by 2.9 percent, while improving by 0.8 percent on an annual basis, the NBS said.

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