Serbian currency again weaker against euro

The National Bank of Serbia (NBS) sold EUR 30 million in the Interbank Foreign Exchange Market (IFEM) on Tuesday to stabilize the domestic currency.

Izvor: Tanjug

Wednesday, 19.11.2014.

09:41

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Serbian currency again weaker against euro

Placed against the Eurozone currency, the Serbian dinar will go down 0.8 percent against a month ago and 5.3 percent against a year earlier.

The indicative dinar-versus-dollar exchange rate will be 96.1738, up 0.1 percent from the day before.

The dinar-versus-dollar exchange rate will be down 2.9 percent against the month before and 12.2 percent against the year earlier.

Today's transaction included, the NBS has bought a total of EUR 200 million and sold EUR 1.355 billion in the IFEM since the beginning of the year to prevent excessive daily volatility of the exchange rate.

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