Serbian currency hits lowest value against euro this year
The Serbian dinar (RSD) has hit its lowest value against the euro this year on Tuesday, losing 0.2 percent, or RSD 0.35.
Tuesday, 10.09.2013.
12:04
BELGRADE The Serbian dinar (RSD) has hit its lowest value against the euro this year on Tuesday, losing 0.2 percent, or RSD 0.35. This is despite a EUR 20 million central bank (NBS) intervention in the foreign exchange market. Serbian currency hits lowest value against euro this year The official middle exchange rate is today RSD 115.0174 for one euro. The NBS sold EUR 20 million in the interbank foreign exchange market on Monday to ease excessive daily volatility of the exchange rate. Since the beginning of the year and including Monday's intervention, the NBS has sold EUR 365 million and bought EUR 90 million. This year, the national currency was the strongest against the euro on April 30, when one unit of the hard currency was worth RSD 110.5426. The indicative dinar-versus-dollar exchange rate is stagnant on Monday and stands at 87.0718. Month-on-month, the Serbian dinar weakened against the dollar by 2.3 percent, while year-on-year, it strengthened by seven percent. Tanjug
Serbian currency hits lowest value against euro this year
The official middle exchange rate is today RSD 115.0174 for one euro.The NBS sold EUR 20 million in the interbank foreign exchange market on Monday to ease excessive daily volatility of the exchange rate.
Since the beginning of the year and including Monday's intervention, the NBS has sold EUR 365 million and bought EUR 90 million.
This year, the national currency was the strongest against the euro on April 30, when one unit of the hard currency was worth RSD 110.5426.
The indicative dinar-versus-dollar exchange rate is stagnant on Monday and stands at 87.0718.
Month-on-month, the Serbian dinar weakened against the dollar by 2.3 percent, while year-on-year, it strengthened by seven percent.
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