Serbian currency drops slightly against euro

After a few days of rise, the Serbian dinar weakened against the euro on Thursday by 0.2 percent.

Izvor: Tanjug

Thursday, 05.07.2012.

09:17

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After a few days of rise, the Serbian dinar weakened against the euro on Thursday by 0.2 percent. The official middle exchange rate will on Thursday be RSD 115.1543 for one euro, the National Bank of Serbia (NBS) released. Serbian currency drops slightly against euro The national currency is up 1.9 percent compared to this time last month and 12.9 percent down on the year. The dinar hit its highest level against the euro on January 11 with the exchange rate at RSD 103.6922 and the lowest on June 4, when one euro was worth RSD 117.6943. Since the beginning of the year, the central bank has sold a total of EUR 1.288bn on the interbank foreign exchange market to keep the national currency stable. On Wednesday, the indicative dinar-versus-dollar exchange rate stood at RSD 91.6980, reflecting a 0.5 percent drop compared to the day before. The dinar is up 2.2 percent compared to this time last month and 24.4 percent down on the year. Tanjug

Serbian currency drops slightly against euro

The national currency is up 1.9 percent compared to this time last month and 12.9 percent down on the year.

The dinar hit its highest level against the euro on January 11 with the exchange rate at RSD 103.6922 and the lowest on June 4, when one euro was worth RSD 117.6943.

Since the beginning of the year, the central bank has sold a total of EUR 1.288bn on the interbank foreign exchange market to keep the national currency stable.

On Wednesday, the indicative dinar-versus-dollar exchange rate stood at RSD 91.6980, reflecting a 0.5 percent drop compared to the day before. The dinar is up 2.2 percent compared to this time last month and 24.4 percent down on the year.

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