Euro exchange rate crosses RSD 120 mark

The Serbian dinar lost 0.4 percent of its value against the euro (EUR) on Thursday, despite the central bank selling EUR 30mn on the interbank exchange market.

Izvor: Tanjug

Thursday, 13.11.2014.

11:31

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Euro exchange rate crosses RSD 120 mark

This marks the dinar's lowest value this year, while the highest was on January 1, when the exchange rate was at RSD 114.6421.

The Serbian currency is 0.8 percent weaker against the euro than a month ago and 5.2 percent weaker than one year ago.

The indicative exchange rate concerning the US dollar is up by 0.6 percent reaching RSD 96.6692 for USD 1. That is a 2.6 percent monthly and a 12.2 percent annual drop.

The NBS has bought EUR 200 million and sold EUR 1.235 billion since the start of the year to prevent excessive daily dinar volatility.

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