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Serbian c-bank FX reserves fall in March

Apr 12, 2024, 4:23:26 PMArticle by Djordje Jajcanin
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April 12 (SeeNews) - Gross foreign exchange (FX) reserves held by Serbia's central bank amounted to 24.9 billion euro ($26.5 billion) at the end of March, down by 89.3 million euro compared to a month earlier, the central bank said on Friday.

Serbian c-bank FX reserves fall in March
Photo: Srbija Danas/Sasa Dzambic

Net foreign exchange reserves, which are the gross reserves minus banks' foreign exchange assets due to reserve requirements, IMF obligations, and other factors, totalled 20.7 billion euro, falling by 127.2 million euro from the end of February, the National Bank of Serbia (NBS) said in a statement.

($ = 0.9398 euro)

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