NBS sells EUR 40 million

BELGRADE - The National Bank of Serbia (NBS) sold EUR 40 million on the foreign exchange market on Thursday, keeping the exchange rate at RSD 115.9574 for EUR 1 for the fifteenth day in a row tomorrow.

Including the Thursday's intervention, the NBS has sold a total of EUR 820 million since the beginning of the year.

The official middle exchange rate of the dinar against the euro remains at the same level as one month ago, or down by 3.5 percent compared to last year.

The indicative dinar-versus-dollar exchange rate stagnated on Thursday at RSD 83.2310 for USD 1.

The Serbian national currency is 1.8 percent up against the U.S. dollar month-on-month, and 3.9 percent year-on-year.

Photo Tanjug/M. Jelesijevic (archive, illustration)