Exchange rate exceeds RSD 118 for one EUR
The Serbian dinar (RSD) has again dropped by 0.1 percent against the euro (EUR) on Wednesday, setting the official middle exchange rate at RSD 118.0728.
Wednesday, 03.09.2014.
10:30
Exchange rate exceeds RSD 118 for one EUR
The dinar has weakened against the single European currency by 1.1 percent when compared to the level a month ago, and 3.2 percent if compared to the one a year ago.The Serbian currency has also dropped against the dollar by 0.1 percent, which means that one dollar is traded for RSD 89.9602.
Therefore, the dinar is 3 percent down on this time last month, and 3.6 percent down on the year against the U.S. dollar.
This year, the middle exchange rate stood at the highest level on January 1, when one euro was worth RSD 114.6421.
Since the start of the year, the NBS purchased EUR 200 million, and sold EUR 925 million in total, including today's transaction, so as to ease the excessive exchange rate volatility on a daily basis.
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