The fall was chiefly driven by the central bank's net sales of foreign currency on the domestic market totaling 45 million euro, National Bank of Serbia (NBS) said in a statement.
Net FX reserves, calculated as total reserves minus banks' FX balances related to required reserves and other obligations, amounted to 20.114 billion euro at the end of November, down 140.1 million euro from the end of October.
($ = 0.9294 euro)