Serbian dinar drops to 114.74 for one euro
The Serbian dinar (RSD) is down by 0.6 percent or 64 paras on Wednesday, dropping to an official middle exchange rate of RSD 114.7419 for one euro (EUR).
Wednesday, 23.05.2012.
09:25
The Serbian dinar (RSD) is down by 0.6 percent or 64 paras on Wednesday, dropping to an official middle exchange rate of RSD 114.7419 for one euro (EUR). At the same time, the National Bank of Serbia (NBS) sold EUR 20 million in the interbank exchange market, in a bid to stabilize the exchange rate. Serbian dinar drops to 114.74 for one euro This now means that the central bank intervened with a total of EUR 878.5 million since the beginning of the year. So far in 2012, Serbian currency was its highest level against the euro January 11 with the exchange rate at RSD 103.6922. The dinar is 2.6 percent weaker compared to last month, and 15.7 percent down year-on-year. On Monday, the indicative dinar-versus-dollar exchange rate was at RSD 89.8597, down 0.7 percent from the day before. The dinar weakened against the U.S. dollar by 5.8 percent when compared to the level a month ago, and by 23.5 percent if compared to a year ago. Tanjug
Serbian dinar drops to 114.74 for one euro
This now means that the central bank intervened with a total of EUR 878.5 million since the beginning of the year.So far in 2012, Serbian currency was its highest level against the euro January 11 with the exchange rate at RSD 103.6922.
The dinar is 2.6 percent weaker compared to last month, and 15.7 percent down year-on-year.
On Monday, the indicative dinar-versus-dollar exchange rate was at RSD 89.8597, down 0.7 percent from the day before.
The dinar weakened against the U.S. dollar by 5.8 percent when compared to the level a month ago, and by 23.5 percent if compared to a year ago.
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