National Bank of Serbia

BELGRADE - Serbian dinar continues its two-day decline against the euro by dropping another 0.2 percent or 18 paras on Tuesday and reaching the medium exchange rate of EUR 1 = RSD 116.4267, which is the lowest value of the dinar against the euro in the course of this year, the National Bank of Serbia (NBS) stated in a release.

BELGRADE - The Serbian Chamber of Commerce (PKS) made a proposition to the government on Friday to ensure the funds and impose an obligation on the Republic Directorate for Commodity Reserves to purchase at least 100,000 tons of wheat from this year's crop at the price not less than RSD 20 per kilogramme, VAT free.

FRANKFURT/BELGRADE - President of the European Central Bank (ECB) Mario Draghi and National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic signed in Frankfurt on Tuesday a cooperation agreement on preventing and detecting counterfeit euros in Serbia, the NBS has stated.

BELGRADE - The key policy rate will remain at the level of 8.5 percent, the National Bank of Serbia (NBS) Executive Board decided on Thursday.

Drop in value of domestic currency "not dramatic"

BELGRADE -- The drop of the Serbian dinar (RSD) to its record low against the euro this year "is not dramatic," economists told Tanjug on Monday.

They added that "exporters can derive benefits from the lower dinar value."

BELGRADE - The drop of the Serbian dinar to its record low against the euro this year is not dramatic and exporters can derive benefits from the lower dinar value, economists told Tanjug on Monday.

BELGRADE - The Greek Ministry of Foreign Affairs has sent EUR 200,000 worth of aid for flood victims in Serbia, the Greek embassy in Belgrade said in a statement on Thursday.

BELGRADE - Governor Jorgovanka Tabakovic has declared open an international exhibition titled "Educate to Win", marking 130th anniversary of the National Bank of Serbia (NBS).

BELGRADE - The National Bank of Serbia's (NBS) foreign exchange (forex) reserves stood at EUR 11.35 billion in May, the NBS Statistical Bulletin notes.

This is a rise when compared to the level in April when they amounted to EUR 11.27 billion, and a drop in comparison to January this year when they totaled EUR 11.95 billion.

BELGRADE - The Post, Telegraph, Telephone (PTT) Museum displayed on Tuesday coins with motifs of World War I made in cooperation with the public postal service Posta Srbije and the National Bank of Serbia (NBS) Institute for Manufacturing Banknotes and Coins.