Serbian c-bank sells 15 mln euro to support dinar

The official exchange rate for Monday was set at 117.5638 dinars per euro, NBS said in a statement after the intervention aimed at easing excessive fluctuations of the dinar exchange rate.

NBS implements a managed float exchange rate regime based on supply and demand to preserve price and financial stability and to maintain an adequate level of foreign exchange reserves.

(1 euro = 117.578 dinars)