Central bank sells EUR 30mn to stabilize dinar
The Serbian dinar will drop by 0.2 percent on Thursday despite the intervention of the National Bank of Serbia (NBS) which sold EUR 30mn on Wednesday.
Thursday, 08.03.2012.
09:10
The Serbian dinar will drop by 0.2 percent on Thursday despite the intervention of the National Bank of Serbia (NBS) which sold EUR 30mn on Wednesday. The official middle exchange rate will be set at RSD 110.7622 for one euro, the NBS has said in a release. Central bank sells EUR 30mn to stabilize dinar Not taking the Wednesday intervention into account, the central bank has sold EUR 208.5mn on the interbank foreign exchange market since the beginning of the year in order to ease excessive daily volatility of the exchange rate. On a monthly level, the dinar will drop against the euro by 3.1 percent, while the drop on the annual level will total 6.6 percent. On Wednesday, the indicative dinar-versus-dollar exchange rate was RSD 84.4353 for one dollar, a drop by 0.4 percent relative to that of Tuesday. On the monthly level, the dinar dropped by 4.2 percent, while the drop on the annual level totaled 12.3 percent. Tanjug
Central bank sells EUR 30mn to stabilize dinar
Not taking the Wednesday intervention into account, the central bank has sold EUR 208.5mn on the interbank foreign exchange market since the beginning of the year in order to ease excessive daily volatility of the exchange rate.On a monthly level, the dinar will drop against the euro by 3.1 percent, while the drop on the annual level will total 6.6 percent.
On Wednesday, the indicative dinar-versus-dollar exchange rate was RSD 84.4353 for one dollar, a drop by 0.4 percent relative to that of Tuesday. On the monthly level, the dinar dropped by 4.2 percent, while the drop on the annual level totaled 12.3 percent.
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