Serbian currency weaker against euro and dollar

The Serbian dinar (RSD) declined in value against the euro and U.S. dollar on Thursday despite the central bank's intervention in the foreign exchange market.

Izvor: Tanjug

Thursday, 01.08.2013.

11:22

Default images

BELGRADE The Serbian dinar (RSD) declined in value against the euro and U.S. dollar on Thursday despite the central bank's intervention in the foreign exchange market. The dinar will weaken against the euro by 0.1 percent or 15 paras, thus setting the official middle exchange rate at RSD 113.9501, the National Bank of Serbia (NBS) announced on Wednesday. Serbian currency weaker against euro and dollar Also yesterday, the central bank sold EUR 10 million on the interbank foreign exchange market so as to curb fluctuations in the exchange rate. On Thursday, the Serbian currency will be 0.2 percent down on this time last month, and 3.1 percent up on the year. This year, the dinar hit its highest level on April 30, when one euro was traded for RSD 110. 5426, and its lowest on June 22, when the official middle exchange rate stood at RSD 114.5353. Since the beginning of 2013, the NBS sold a total of EUR 335 million and purchased EUR 90 million on the interbank foreign exchange market so as to ease the excessive exchange rate volatility on a daily basis. On Wednesday, the indicative dinar-versus-dollar exchange rate dropped 0.4 percent to RSD 86.1877. The dinar strengthened against the U.S. dollar by 1.3 percent when compared to the level a month ago, and by 10.8 percent if compared to a year ago. Tanjug

Serbian currency weaker against euro and dollar

Also yesterday, the central bank sold EUR 10 million on the interbank foreign exchange market so as to curb fluctuations in the exchange rate.

On Thursday, the Serbian currency will be 0.2 percent down on this time last month, and 3.1 percent up on the year.

This year, the dinar hit its highest level on April 30, when one euro was traded for RSD 110. 5426, and its lowest on June 22, when the official middle exchange rate stood at RSD 114.5353.

Since the beginning of 2013, the NBS sold a total of EUR 335 million and purchased EUR 90 million on the interbank foreign exchange market so as to ease the excessive exchange rate volatility on a daily basis.

On Wednesday, the indicative dinar-versus-dollar exchange rate dropped 0.4 percent to RSD 86.1877.

The dinar strengthened against the U.S. dollar by 1.3 percent when compared to the level a month ago, and by 10.8 percent if compared to a year ago.

Komentari 0

0 Komentari

Možda vas zanima

Podeli: