Central banks sells EUR 11mn
The National Bank of Serbia sold EUR 11mn at the interbank foreign exchange market on Wednesday to ease excessive daily volatility of the dinar exchange rate.
Thursday, 29.07.2010.
09:30
The National Bank of Serbia sold EUR 11mn at the interbank foreign exchange market on Wednesday to ease excessive daily volatility of the dinar exchange rate. Since the beginning of 2010, the NBS sold a total of EUR 1.627bn, including yesterday's intervention, to ease excessive daily volatility of the exchange rate and stimulate the foreign exchange market turnover. Central banks sells EUR 11mn The dinar weakened against euro by 0.56 percent on Wednesday, so the official middle exchange rate was RSD 106.1458 per euro, which was a new historic low for the domestic currency.
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