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Thursday, 29.11.2007.

18:09

Central bank intervenes in currency market

The National Bank of Serbia (NBS) Thursday sold EUR 4mn in the inter-banking foreign currency market.

Izvor: B92

Central bank intervenes in currency market IMAGE SOURCE
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2 Komentari

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Martin

pre 16 godina

I also think these swings in the exchange rate that have been going on for some time are very "convenient" for certain people who happen to be buying/selling Euros/Dinars at certain times. Unfortunately I am usually having to do the opposite transaction and so lose money. The market is clearly rigged and is far from being as open as the NBS tell us. In these strange circumstances, it would be better to have a fixed exchange rate, or better still follow Montenegro and give up on the dinar.

Martin

pre 16 godina

I also think these swings in the exchange rate that have been going on for some time are very "convenient" for certain people who happen to be buying/selling Euros/Dinars at certain times. Unfortunately I am usually having to do the opposite transaction and so lose money. The market is clearly rigged and is far from being as open as the NBS tell us. In these strange circumstances, it would be better to have a fixed exchange rate, or better still follow Montenegro and give up on the dinar.

Martin

pre 16 godina

I also think these swings in the exchange rate that have been going on for some time are very "convenient" for certain people who happen to be buying/selling Euros/Dinars at certain times. Unfortunately I am usually having to do the opposite transaction and so lose money. The market is clearly rigged and is far from being as open as the NBS tell us. In these strange circumstances, it would be better to have a fixed exchange rate, or better still follow Montenegro and give up on the dinar.