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Serbian households' dinar savings down, foreign currency savings up - c-bank

Author Senad Dedeic
Serbian households' dinar savings down, foreign currency savings up - c-bank Photo: Srbija Danas/Sasa Dzambic

BELGRADE (Serbia), August 15 (SeeNews) - Serbian households' dinar savings at the end of June totalled 85.9 billion dinars (731.9 million euro/$746.5 million), down 17.6% compared to the figures at the end of 2021, the country’s central bank said on Monday.

At the same time savings in foreign currency increased by 3.5% since the end of 2021 to 13.2 billion euro by the end of June, the central bank states in the press release.

“The increase in global uncertainty due to the outbreak of the crisis in Ukraine, which followed the two-year pandemic at the end of February, resulted in a record demand by citizens for foreign cash, which changed the currency structure of savings in favour of foreign currency," the central bank explained.

(1 euro = 117.361 dinars)

 
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