NBS foreign exchange reserves up to EUR 10.72 billion
BELGRADE - The foreign exchange reserves of the National Bank of Serbia (NBS) totalled EUR 10.72 billion at the end of July.
Monday, 12.08.2013.
18:38
BELGRADE - The foreign exchange reserves of the National Bank of Serbia (NBS) totalled EUR 10.72 billion at the end of July. The foreign exchange reserves of the National Bank of Serbia (NBS) totalled EUR 10.72 billion at the end of July, so that the sum increased by EUR 47 million, the Central Bank released on Monday. NBS foreign exchange reserves up to EUR 10.72 billion This level of foreign exchange reserves ensures 370 percent M1 coverage and coverage of over seven months' worth of imports. The greatest foreign exchange inflow in July was recorded on grounds of usage of loans worth EUR 264.8 million, of which EUR 233.1 million were granted by the Russian Federation while EUR 31.7 million were granted by the European Investment Bank. The sale of euro-denominated securities on the Serbian financial market brought in EUR 50 million. The greatest outflow of foreign reserves was recorded on grounds of withdrawal of bank mandatory foreign exchange reserves of EUR 178.7 million. Other expenditures in the foreign exchange reserves comprise payments of loans to foreign creditors (EUR 32 million), the payment of the IMF loan (EUR 23.1 million), the payment of old foreign exchange savings (EUR 21.8 million) and the payment of matured Serbia's euro-denominated securities (EUR 20 million). Net foreign exchange (the foreign exchange reserved minus the bank mandatory foreign exchange reserves and funds taken from the IMF) totalled around EUR 7 billion at the end of July. The scope of realised exchange on the inter-bank foreign exchange market in July totalled EUR 676.2 million and was by EUR 464.3 million lower than in the previous month. In the first seven months of the year, the inter-bank exchange totalled EUR 5.94 billion. In July, the Serbian dinar strengthened against the euro by 0.3 percent and NBS made an intervention by selling foreign exchange on the inter-bank foreign exchange market worth EUR 30 million so as to ease excessive daily volatility of the exchange rate. /Tanjug, file/ Tanjug
NBS foreign exchange reserves up to EUR 10.72 billion
This level of foreign exchange reserves ensures 370 percent M1 coverage and coverage of over seven months' worth of imports.The greatest foreign exchange inflow in July was recorded on grounds of usage of loans worth EUR 264.8 million, of which EUR 233.1 million were granted by the Russian Federation while EUR 31.7 million were granted by the European Investment Bank.
The sale of euro-denominated securities on the Serbian financial market brought in EUR 50 million.
The greatest outflow of foreign reserves was recorded on grounds of withdrawal of bank mandatory foreign exchange reserves of EUR 178.7 million.
Other expenditures in the foreign exchange reserves comprise payments of loans to foreign creditors (EUR 32 million), the payment of the IMF loan (EUR 23.1 million), the payment of old foreign exchange savings (EUR 21.8 million) and the payment of matured Serbia's euro-denominated securities (EUR 20 million).
Net foreign exchange (the foreign exchange reserved minus the bank mandatory foreign exchange reserves and funds taken from the IMF) totalled around EUR 7 billion at the end of July.
The scope of realised exchange on the inter-bank foreign exchange market in July totalled EUR 676.2 million and was by EUR 464.3 million lower than in the previous month. In the first seven months of the year, the inter-bank exchange totalled EUR 5.94 billion.
In July, the Serbian dinar strengthened against the euro by 0.3 percent and NBS made an intervention by selling foreign exchange on the inter-bank foreign exchange market worth EUR 30 million so as to ease excessive daily volatility of the exchange rate.
0 Komentari
Možda vas zanima
Žestok napad na Izrael; Najavili osvetu; "Odgovor će biti mnogo jači"
U noći između 13. i 14. aprila oružane snage Irana izvele su masovni vazdušni napad na Izrael, u kome je korišćeno na stotine komada lutajuće municije, krstarećih i balističkih raketa.
23:34
16.4.2024.
1 d
Bure baruta pred eksplozijom: Počinje veliki rat?
Bliski istok, zbog promene ravnoteže snaga i dubokih kriza, pre svega palestinsko-izraelske, može se smatrati buretom baruta i ima potencijal da dovede ne samo do regionalnog sukoba, već i do globalnog konflikta.
20:40
17.4.2024.
18 h
Rat – dan 783: Rusi napreduju; Gotovi su? Ostaju bez municije
Rat u Ukrajini – 783. dan.
23:59
16.4.2024.
1 d
Rat – dan 784: Rusi aktivirali PVO; Oboreni "vampiri"
Rat u Ukrajini dan – 784.
23:33
17.4.2024.
15 h
Mediji: Ultimatum za Srbiju
Višegodišnja dilema "Kosovo ili Evropska unija", koja je lebdela nad Srbijom, dobiće svoj praktični izraz sledeće nedelje, pišu mediji.
13:01
17.4.2024.
1 d
Komentari 0