Hard currency reserves down to EUR 8.78bn

The National Bank of Serbia (NBS) has reported a EUR 178.5mn decrease in its hard currency reserves in March.

Izvor: Beta

Wednesday, 11.04.2007.

16:48

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Hard currency reserves down to EUR 8.78bn

Early payment of the remaining debt installment toward the International Monetary Fund, in the amount of EUR 175.4mn, influenced the figures the most.

At the same time, additional EUR 58.8mn was paid to foreign creditors, while the old hard currency savings payments took up EUR 2.1mn, the statement said.

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