BELGRADE (Serbia), January 13 (SeeNews) – The foreign exchange (FX) reserves held by Serbia's central bank fell to 13.378 billion euro ($14.877 billion) at the end of December, down by 86.2 million euro on a monthly comparison basis, the National Bank of Serbia (NBS) said.
The volume of trading on the IFEM in December increased to 739.7 million euro, up by 173.2 million euro month-on-month, the NBS said on Friday.
The FX reserves held by NBS as at end-December were enough to cover about six months’ worth of imports of goods and services, NBS said.
In December, the dinar stayed unchanged against the euro, and the NBS intervened by buying 370 million euro and selling 15 million euro on the interbank market in order to tame excessive daily volatility of the exchange rate.
Net FX reserves (total reserves less banks’ FX balances on account of required reserves and other requirements) amounted to 11.441 billion euro at end-December, down 43 million euro on the month.
($ = 0.899219 euro)