Currency

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.3473 dinars for one euro on Thursday, which is a slight change from Wednesday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m and up by 0.2 pct y-o-y.

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.3205 dinars for one euro on Wednesday, the same as on Friday, the National Bank of Serbia said.

The dinar is steady against the euro m-o-m and up by 0.2 pct y-o-y.

The dinar's indicative exchange rate against the dollar was up by 0.4 pct to 109.7479 dinars for one dollar on Friday.

Complaints were made by the citizens due to price increases made by certain merchants disguised by the introduction of the Euro.

The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money.

It’s getting increasingly expensive for Alphabet to operate in Europe after back to back years of 10-figure fines on the continent

As of today, all prices in Croatia must be displayed in two currencies - local kunas and euros. This is a preparatory period, from the New Year the national currency will not be used. In the months until the end of the year, Croatians should get used to entering the Eurozone and, as far as possible, fraud and price abuse should be avoided, the government explains.

Political uncertainty and growing economic woes, including spiralling inflation and the threat of a recession, are weighing heavily on the British pound, against both the U.S. dollar and the also struggling euro.    

With the euro falling against the U.S. dollar, some exporting industries in Türkiye are bearing the brunt as they pay for imports in dollars but collect export revenues mostly in euros.

This week, the euro fell below parity with the dollar, diving to its lowest level in 20 years.

Last night, for the first time in 20 years, the euro equaled the US dollar amid a cut in Russian gas supplies to Europe and growing fears of a recession in the Eurozone.

The euro was trading at exactly one dollar, the lowest value since December 2002

Oil prices also fell on recession fears as central banks raised interest rates to combat high inflation.

Croatia will finally adopt the euro on 1 January 2023.

This became clear today after the Council of the EU signed the last three legal acts necessary for this purpose.