Croatia to build airport in Sibenik county
Bosnia's Federation sells 5 mln euro of 2-yr T-notes
Romania's OMV Petrom, Vulcangas to open LNG/CNG filling stations
Dronamics, Qatar Airways Cargo team up for drone services
Ryanair to launch operations at Sarajevo airport with 5 routes in 2024
Dec 05, 2017 12:29 EEST
December 5 (SeeNews) - Serbia's central bank said it has sold 15 million euro ($17.8 million) to commercial banks on Monday to strengthen the national currency, the dinar.
The official exchange rate for Tuesday was set at 119.4292 dinars per euro, the central bank said in a statement after the intervention that aimed to alleviate the excessive volatility of the dinar exchange rate.
NBS intervened to support the dinar twice last week. On November 27 the central bank sold 45 million euro to banks and on November 28 it sold 30 million euro.
NBS is implementing a managed float exchange rate regime based on supply and demand to preserve price and financial stability and to maintain an adequate level of FX reserves.
(1 euro = 119.302 dinars)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options