Serbian currency up 0.9 percent against euro

The value of the Serbian dinar (RSD) against the euro (EUR) was up 0.9 percent, or RSD 1.13.

Izvor: Tanjug

Monday, 22.12.2014.

10:44

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Serbian currency up 0.9 percent against euro

The NBS intervened on the interbank foreign exchange market on Friday by buying EUR 30 million.

The dinar will be down by 1 percent on Tuesday compared to one month earlier and 5.3 percent compared to a year ago.

The indicative exchange rate with the US dollar saw the dinar go up by 1 percent to reach RSD 98.7021 for USD 1.

The dinar is down 3.1 percent against the dollar on a monthly basis and 14.7 percent on the annual level.

The dinar's middle value was at its highest on January 1 this year, when EUR 1 cost RSD 114.6412, and the lowest on December 18, when EUR 1 cost RSD 122.6321.

The NBS has bought EUR 230 million on the interbank foreign exchange market since the start of the year and sold EUR 1,715 billion in order to prevent excessive short term volatility of the dinar.

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