Serbian dinar hits historic low against euro

The Serbian dinar dropped 0.3 percent or 33 para against the euro on Wednesday, setting a record low middle exchange rate of RSD 117.8981 for one euro.

Izvor: Tanjug

Wednesday, 25.07.2012.

09:06

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BELGRADE The Serbian dinar dropped 0.3 percent or 33 para against the euro on Wednesday, setting a record low middle exchange rate of RSD 117.8981 for one euro. This is according to the National Bank of Serbia (NBS). Serbian dinar hits historic low against euro This is 20 para less than the previous low the dinar hit on June 4 this year, when one euro was worth RSD 117.6943. This year, the dinar hit its highest level against the single European currency on January 11 when the official middle exchange rate was RSD 103.6922. The national currency is 3.3 percent down on this time last month, and 11.6 percent down on the year. Since the beginning of this year, the dinar has weakened 11.2 percent. Since the beginning of 2012, the central bank sold a total of EUR 1.298bn to keep the national currency stable. On Tuesday, the indicative dinar-versus-dollar exchange rate stood at RSD 97.3721, reflecting a drop of 0.4 percent when compared to its previous value. The dinar is 6.6 percent down on this time last month, and 25.4 percent down on the year. It has dropped 17 percent against the dollar since the start of the year. (Tanjug, file) Tanjug

Serbian dinar hits historic low against euro

This is 20 para less than the previous low the dinar hit on June 4 this year, when one euro was worth RSD 117.6943. This year, the dinar hit its highest level against the single European currency on January 11 when the official middle exchange rate was RSD 103.6922.

The national currency is 3.3 percent down on this time last month, and 11.6 percent down on the year. Since the beginning of this year, the dinar has weakened 11.2 percent.

Since the beginning of 2012, the central bank sold a total of EUR 1.298bn to keep the national currency stable.

On Tuesday, the indicative dinar-versus-dollar exchange rate stood at RSD 97.3721, reflecting a drop of 0.4 percent when compared to its previous value.

The dinar is 6.6 percent down on this time last month, and 25.4 percent down on the year. It has dropped 17 percent against the dollar since the start of the year.

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