Interbank

The dinar (RSD) remained steady against the euro (EUR) on Friday, making the official medium exchange rate RSD 122.8621.

Turkey's Central Bank will increase the amount of foreign-denominated collateral banks can pledge against borrowing in the interbank market, it said on Jan. 10.

The maximum ratio of forex collateral will rise to 70 percent from 50 percent from Jan. 13, the bank said, adding that the move is expected to lift demand for forex-denominated bonds issued abroad by the Turkish Treasury.

The dinar weakened by 0.5 percent against the euro on Tuesday, despite National Bank of Serbia's (NBS) intervention on Monday.

The central bank sold EUR 10 million on the interbank FX market. Rhe official middle exchange rate stands at RSD 122.0782, the NBS said.

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.

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 dinar is 0.1 percent weaker against the euro on Friday, although the central bank (NBS) intervened on the interbank FX market by selling EUR 10 million.

The official middle exchange rate will stand at RSD 121.8087, the NBS said.

The Serbian dinar (RSD) dropped by 0.7 percent against the euro (EUR) in December, and by 0.9 percent since the beginning of the year.

The National Bank of Serbia (NBS) sold EUR 440 million on the interbank foreign exchange market to defend the national currency, NBS Governor Jorgovanka Tabakovic has told state broadcaster RTS.

The Serbian dinar (RSD) remained steady against the euro (EIR) on Friday, after the central bank (NBS) sold EUR 40mn on the interbank foreign exchange market.

The official dinar-to-euro medium exchange rate was RSD 122.1365 on Friday, the NBS website said.

The Serbian dinar (RSD) gained 0.1 percent against the euro (EUR) on Friday after the NBS sold EUR 10mn on the interbank foreign exchange market on Thursday.

The the official dinar-to-euro medium exchange rate was at RSD 121.3590 on Friday, the central bank said in a statement.

The Serbian dinar (RSD)"held steady against the euro (EUR)" on Friday with the official middle exchange rate at RSD 120,1473 for one euro.

The central bank (NBS) also announced it had intervened on the interbank forex market purchasing EUR 30 million on Thursday.

BELGRADE - The dinar dropped by one para on Tuesday, making the official medium dinar-to-euro exchange rate RSD 120.0378, the National Bank of Serbia (NBS) said in a statement.

The NBS bought EUR 10 million on the interbank foreign exchange market on Thursday to curb excessive daily fluctuations of the exchange rate.