United Arab Emirates


Serbia’s FX reserves stand at EUR 10.9 bln at end-August

BELGRADE - The foreign exchange (FX) reserves of the National Bank of Serbia (NBS) amounted to EUR 10,949.2 million at the end of August, covering M1 by 304 percent and more than seven months of imports of goods and services.

The largest inflow to FX reserves, EUR 748.3 million, came from the disbursement of a loan from the United Arab Emirates, the NBS said in a release on Friday.

DS files motion for assessing UAE deal constitutionality

BELGRADE - Vladimir Todoric, a member of the presidency of the opposition Democratic Party (DS), submitted a motion to the Constitutional Court of Serbia on Friday for assessing the constitutionality of the law ratifying the agreement on cooperation between the governments of Serbia and the Unites Arab Emirates (UAE).