January 25 (SeeNews) - Serbia's central bank said it sold 15 million euro ($17 million) to commercial banks on Thursday to bolster the dinar currency.
The official exchange rate for Friday was set at 118.4658 dinars per euro, the central bank said in a statement after the intervention that aimed to slow weakening of the dinar.
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 foreign exchange reserves.
(1 euro = 118.447 dinars)