Serbian currency loses more value against euro

The Serbian dinar (RSD) continued to weaken against the euro (EUR) losing 0.2 percent on Monday, the central bank (NBS) has announced.

Izvor: Tanjug

Monday, 18.01.2016.

12:41

Serbian currency loses more value against euro
(Thinkstock)

Serbian currency loses more value against euro

The dinar is 0.6 weaker against the euro relative to the level a month ago, and 0.1 percent to the level a year ago.

Since the start of the year, the dinar fell against the euro by 1 percent, and the NBS sold EUR 70 million on the interbank FX market so as to prevent the rate from being too volatile on a daily basis.

On Monday, the dinar will slump to the lowest level against the euro in 2016, with one euro trading for RSD 122.8257, while it reached the highest level on January 4 - RSD 121.5141 per euro.

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