NBS sells 15 mln euros, dinar-to-euro rate RSD 117.5536

The Serbian dinar will remain approximately steady against the euro on Tuesday and the official median exchange rate will be 117.5536 dinars for one euro, the National Bank of Serbia (NBS) announced in a statement.

09 Decembar 2019 19:18

BELGRADE - The Serbian dinar will remain approximately steady against the euro on Tuesday and the official median exchange rate will be 117.5536 dinars for one euro, the National Bank of Serbia (NBS) announced in a statement.

The NBS sold 15 mln euros on the interbank foreign exchange market to curb major daily exchange rate fluctuations and the total purchased since the beginning of the year is 2.730 bln euros, while the total sold has now reached 405 mln euros.

The dinar will drop 0.1 pct against the euro m-o-m, rising 0.6 pct y-o-y and 0.5 pct compared to the beginning of the year.

The indicative exchange rate against the dollar strengthened 0.1 pct to 106.1336 dinars for one dollar on Monday.

The dinar rose 0.1 pct against the dollar m-o-m, declining 2.5 pct y-o-y and 2.6 pct since the beginning of the year.

The dinar hit a new 2019 high against the euro zone currency on November 18 as one euro was exchanged for 117.4333 dinars.

The dinar was at its 2019 low against the euro on January 29, when one euro was exchanged for 118.4940 dinars.

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