Serbian dinar continues to slide against euro

The Serbian dinar continued to slide for the fourth straight day against the euro on Wednesday, weakening, the National Bank of Serbia (NBS) has announced.

Izvor: Tanjug

Wednesday, 18.07.2012.

09:06

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BELGRADE The Serbian dinar continued to slide for the fourth straight day against the euro on Wednesday, weakening, the National Bank of Serbia (NBS) has announced. The dinar weakened 0.5 percent to an official middle exchange rate of RSD 116,8003 for one euro. Serbian dinar continues to slide against euro The national currency is 0.5 percent down on this time last month, and 12.5 percent down on the year. Since the beginning of this year, the dinar has weakened 10.4 percent. This year, the dinar hit its highest level against the single European currency on January 11 when the official middle exchange rate was RSD 103.6922, and its lowest on June 4 with the exchange rate at RSD 117.6943. Since the beginning of 2012, the central bank sold a total of EUR 1.288bn to keep the national currency stable. On Tuesday, the indicative dinar-versus-dollar exchange rate stood at RSD 95.0988, reflecting a drop of 0.5 percent when compared to its previous value. The dinar is 3.9 percent down on this time last month, and 23.7 percent down on the year. It has dropped 15 percent against the dollar since the start of the year. (Tanjug, file) Tanjug

Serbian dinar continues to slide against euro

The national currency is 0.5 percent down on this time last month, and 12.5 percent down on the year. Since the beginning of this year, the dinar has weakened 10.4 percent.

This year, the dinar hit its highest level against the single European currency on January 11 when the official middle exchange rate was RSD 103.6922, and its lowest on June 4 with the exchange rate at RSD 117.6943.

Since the beginning of 2012, the central bank sold a total of EUR 1.288bn to keep the national currency stable.

On Tuesday, the indicative dinar-versus-dollar exchange rate stood at RSD 95.0988, reflecting a drop of 0.5 percent when compared to its previous value.

The dinar is 3.9 percent down on this time last month, and 23.7 percent down on the year. It has dropped 15 percent against the dollar since the start of the year.

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