Exchange rate

Serbian currency continues to weaken against euro

BELGRADE -- The value of the Serbian is lower by 0.1 percent on Monday with the official middle exchange rate at RSD 120.6223, the National Bank of Serbia (NBS) announced.

The influence of the exchange rate on the prices has significantly curbed in the last years and the national leu currency has, for at least six months 'been lounging in the range of 4.40 - 4.44 lei to the euro' and has become 'completely unconcerned about the political statements', even in an electoral year, after several years ago the leu depreciation was having a double impact o

Serbian currency again weaker against euro

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

BELGRADE - The National Bank of Serbia (NBS) sold EUR 30 million in the Interbank Foreign Exchange Market (IFEM) Tuesday to stabilize the domestic currency, but despite the intervention, the dinar will weaken 0.3 percent against the euro on Wednesday and the official exchange rate will stand at RSD 120.4385 for one euro, the NBS said in a release.

Central bank sells EUR 60mn, Serbian currency up 0.5 pct

BELGRADE -- The steady slump of the Serbian dinar (RSD) will be halted on Monday, when its value against the euro (EUR) will go up by 0.5 percent, the NBS has said.

This puts the official middle exchange rate at RSD 1119.9474 for EUR 1.

BELGRADE - The dinar's steady slump of the past few days will be halted on Monday, when it will go up by 0.5 percent, putting the official middle exchange rate at RSD 1119.9474 for EUR 1, the National Bank of Serbia (NBS) has stated after selling EUR 60 million on Friday to stabilise the national currency.

Euro exchange rate crosses RSD 120 mark

BELGRADE -- The Serbian dinar lost 0.4 percent of its value against the euro (EUR) on Thursday, despite the central bank selling EUR 30mn on the interbank exchange market.

The official middle rate has reached RSD 120.3918 for one euro, the NBS announced.

BELGRADE - The foreign exchange (FX) reserves of the National Bank of Serbia (NBS) totaled EUR 10.71 billion at the end of October, down 160 million against September, when they amounted to EUR 10.87 billion.

BELGRADE - The Serbian dinar will drop on Tuesday by 0.2 percent, thus setting the official middle exchange rate at this year's record low of RSD 119.9560, the National Bank of Serbia (NBS) released after selling EUR 20 million on the inter-bank foreign currency market on Monday.

BELGRADE - The dinar dropped by RSD 0.05 against the euro on Monday, putting the middle exchange rate at RSD 119.5510 for EUR 1, which is the lowest the dinar has dropped this year, the National Bank of Serbia (NBS) has stated.

The NBS sold EUR 10 million on the Interbank Foreign Exchange Market to prevent excessive voleatility of the dinar.