International trade

Senior Turkish diplomat to chair OECD’s Executive Committee

Senior career diplomat Mithat Rende of Turkey has been elected as chair of the Executive Committee of the Paris-based Organization of Economic Cooperation and Development (OECD), the Foreign Ministry has announced.

Ambassador Rende has been serving as the head of Turkey’s Permanent Delegation to the OECD since the summer of 2013.

Serbian currency reaches lowest value against euro

Serbian currency reaches lowest value against euro

BELGRADE -- The Serbian dinar (RSD) continued to decline against the euro (EUR) losing 0.2 percent of its value.

The official mean exchange rate on Thursday stood at RSD 120.9997 for one euro, the lowest since the beginning of the year, according to the Natioal Bank Serbia (NBS).

Dinar goes down 0.2 percent, stands at 120.9997 against euro

BELGRADE - Serbia's dinar continued to decline against the euro on Thursday, going down 0.2 percent and setting the official exchange rate at RSD 120.9997 dinars per one euro, its lowest since the beginning of the year, according to latest data on the website of the National Bank Serbia (NBS).

Exchange rate for Wednesday at 120.4385,NBS sells EUR 30 mil

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.

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