March 13 (SeeNews) - The foreign exchange (FX) reserves held by Serbia's central bank amounted to 21.196 million euro ($22.6 million) at the end of February, up by 282.9 million euro from January, the central bank said on Monday.
The increase in FX reserves is primarily the result of the central bank's purchases of FX on the domestic market amounting to 285 million euro and from donations totalling 154.5 million euro, the National Bank of Serbia (NBS) said in a statement.
The volume of trading on the interbank FX market decreased 176.3 million euro month-on-month in February, to 535.4 million euro.
Net FX reserves (total reserves less banks' FX balances on account of required reserves and other requirements) amounted to 17.296 billion euro at end-February, up by 327.2 million euro from the end of January.
$ = 0.9371 euro