Serbian dinar ends week weaker against euro
The dinar (RSD) dropped by another 0.2 percent against the euro (EUR) on Friday, making the official medium exchange rate RSD 123.2692 for one euro.Source: Tanjug
This came about even after the National Bank of Serbia (NBS) sold EUR 25 million on the interbank foreign exchange market on Thursday, the central bank said in a statement.
The NBS has sold EUR 765 million and purchased EUR 20 million since the beginning of the year to curb major exchange rate fluctuations.
The national currency dropped by 0.4 percent against the eurozone currency compared to a month ago and by 2.0 percent compared to a year ago. The dinar has dropped by 1.3 percent against the euro since the beginning of the year.
The dinar-to-dollar indicative exchange rate remained steady at RSD 110.0127.
The dinar dropped by 1.3 percent against the US currency compared to a month ago and rose by 0.9 percent compared to a year ago, rising by 1.1 percent since the beginning of the year.