Serbian currency loses 0.5 percent against euro

The dinar weakened by 0.5 percent against the euro on Tuesday, despite National Bank of Serbia's (NBS) intervention on Monday.

Source: Tanjug

The central bank sold EUR 10 million on the interbank FX market. Rhe official middle exchange rate stands at RSD 122.0782, the NBS said.

The national currency is 0.6 percent down on the month and 0.8 percent down on the year against the single European currency.

The indicative dinar-to-dollar rate slid 1.0 percent to RSD 112.6079.

Against the U.S. currency, the dinar weakened by 1.5 percent relative to the level a month ago and by 9.9 percent relative to the level registered a year ago.

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