Serbian dinar slides sharply against euro

The Serbian dinar is down by 30 para or 0.3 percent Thursday, the National Bank of Serbia (NBS) has said in a release.

Izvor: Tanjug

Thursday, 17.05.2012.

09:41

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The Serbian dinar is down by 30 para or 0.3 percent Thursday, the National Bank of Serbia (NBS) has said in a release. The official middle exchange rate is at RSD 112.8731 for one euro, the NBS said. Serbian dinar slides sharply against euro Since the beginning of 2012, the central bank has sold a total of EUR 788.5mn on the interbank foreign exchange market so as to ensure smooth running of the foreign exchange market. This year, the dinar hit its highest level against the single European currency on January 11 with the exchange rate at RSD 103.6922. The dinar is 1.2 percent down on this time last month, and 12.3 percent down on the year. On Wednesday, the indicative dinar-versus-dollar exchange rate was at RSD 88.5557, the same as on the day before. he dinar weakened against the U.S. dollar by 3.9 percent when compared to the level a month ago, and by 21.1 percent if compared to a year ago. A display shows the RSD-EUR exchange rate (Tanjug) Tanjug

Serbian dinar slides sharply against euro

Since the beginning of 2012, the central bank has sold a total of EUR 788.5mn on the interbank foreign exchange market so as to ensure smooth running of the foreign exchange market.

This year, the dinar hit its highest level against the single European currency on January 11 with the exchange rate at RSD 103.6922.

The dinar is 1.2 percent down on this time last month, and 12.3 percent down on the year.

On Wednesday, the indicative dinar-versus-dollar exchange rate was at RSD 88.5557, the same as on the day before.

he dinar weakened against the U.S. dollar by 3.9 percent when compared to the level a month ago, and by 21.1 percent if compared to a year ago.

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