Serbian dinar up by another 0.5% against euro

The Serbian dinar (RSD) has strengthened against the euro (EUR) by another 0.5 percent on Monday, the National Bank of Serbia (NBS) has announced.

Izvor: Tanjug

Monday, 11.06.2012.

10:17

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The Serbian dinar (RSD) has strengthened against the euro (EUR) by another 0.5 percent on Monday, the National Bank of Serbia (NBS) has announced. The official middle exchange rate is today at RSD 114. 6403 for one euro. Serbian dinar up by another 0.5% against euro The national currency reached its highest level on January 11, when the official middle exchange rate stood at RSD 103.6922, and its lowest on June 4, with the exchange rate at RSD 117.6943. Since the beginning of the year, the central bank sold a total of one billion and 288.8 million on the interbank foreign exchange market so as to ease the excessive volatility of the exchange rate on a daily basis. Today, the dinar is 2.1 percent down on this time last month, and 14.3 percent down on the year. On Friday, June 8, the indicative dinar-versus-dollar exchange rate stood at RSD 92.0436, and underwent no change in comparison to its previous value. The Serbian dinar weakened against the U.S. dollar by 5.7 percent when compared to the level a month ago, and by 26.3 percent if compared to a year ago. Tanjug

Serbian dinar up by another 0.5% against euro

The national currency reached its highest level on January 11, when the official middle exchange rate stood at RSD 103.6922, and its lowest on June 4, with the exchange rate at RSD 117.6943.

Since the beginning of the year, the central bank sold a total of one billion and 288.8 million on the interbank foreign exchange market so as to ease the excessive volatility of the exchange rate on a daily basis.

Today, the dinar is 2.1 percent down on this time last month, and 14.3 percent down on the year.

On Friday, June 8, the indicative dinar-versus-dollar exchange rate stood at RSD 92.0436, and underwent no change in comparison to its previous value.

The Serbian dinar weakened against the U.S. dollar by 5.7 percent when compared to the level a month ago, and by 26.3 percent if compared to a year ago.

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