The foreign exchange reserves held by NBS fell 0.4% month-on-month to 9.523 billion euro in September over debt payments to foreign creditors, NBS said in a statement. Foreign exchange reserves held by Serbia’s 34 banks rose 12% to 1.160 billion euro, the statement added.
Serbia’s foreign exchange reserves totalled 10.581 billion euro at the end of August and 10.336 billion euro at the end of September 2008.
Serbia’s foreign exchange reserves (in billions of euro):
End-September | End-August | |
TOTAL | 10.683 | 10.581 |
Central bank | 9.523 | 9.559 |
Commercial banks | 1.160 | 1.023 |
($=0.6727 euro)