Serbia currency ends year by losing 0.2 pct against euro

The Serbian dinar (RSD) lost 0.2 percent of its value against the euro (EUR) on Thursday, with the official middle exchange rate at RSD 121.6261.

Source: Tanjug

The National Bank of Serbia (NBS) also announced that it on Wednesday intervened in the interbank FX market by purchasing EUR 20 million in order to prevent excessive daily volatility of the exchange rate.

The national currency is 0.3 percent down on the month against the euro, and 0.5 percent down on the year.

Since the start of the year, the NBS sold EUR 450 million and bought EUR 970 million on the interbank FX market.

Business & Economy

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