Exchange rate

Serbian currency falls to new low against euro

Serbian currency falls to new low against euro

BELGRADE -- The Serbian dinar (RSD)dropped 0.1 percent against the euro (EUR) on Friday, setting the official middle exchange rate at RSD 117.5600.

It is the national currency’s lowest since the beginning of the year. It was highest on January 1, when the middle exchange rate stood at RSD 114.6421 for one euro.

Dinar influenced by pace of consolidation of public finances

BELGRADE - The Serbian dinar exchange rate is influenced by the pace of consolidation of public finances and has been weakening recently because of increased demand for foreign exchange in the banking market and a negative spillover effects of Ukraine crisis, National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic said Monday.

Dinar hits this year's lowest at 116.9904 for one euro

BELGRADE – The Serbian dinar fell 0.1 percent against the euro on Friday, despite the National Bank of Serbia (NBS) selling EUR 10 million in the interbank foreign exchange market, setting the official middle exchange rate at a new record low of RSD 116.9904 for one euro, the National Bank of Serbia (NBS) has said in a release.

Central bank wants stable exchange rate as it easily influences prices

The National Bank of Romania (BNR, the central bank) is concerned with the stability of the exchange rate of the national currency leu, as its volatility is easily translated to prices, with a particular feature of a lesser impact of appreciation, compared to a nearly double impact of depreciation, BNR Governor Mugur Isarescu declared on Wednesday, upon presenting the quarterly re

Dinar hits yearly low against euro

BELGRADE - The Serbian dinar continued falling against the euro on Thursday, going down by 0.1 percent and setting the official middle exchange rate at RSD 116.7676, which is its lowest level against the single European currency since the beginning of the year, the National Bank of Serbia (NBS) stated in a release.

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