Economies

BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.3710 dinars for one euro on Wednesday, which is a slight change from Tuesday, the National Bank of Serbia said.

The dinar is down against the euro by 0.1 pct 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 117.3609 dinars for one euro on Monday, which is a slight change from Friday, the National Bank of Serbia said.

The dinar is down against the euro by 0.1 pct 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 117.3473 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.

A total of 41 Turkish defense companies will attend the fourth edition of the Azerbaijan International Defense Exhibition (ADEX), the region's largest event in the field of the defense industry and internal security.

The event will take place between Sept. 6 and 8 in the capital Baku.
A special section on a 2,800-square-meter area has been allocated to the "Turkish Pavilion."

A new regular container train service between Thessaloniki and Nis in Serbia has been launched by the Thessaloniki Port Authority-OLTH SA.

Private sector's total outstanding loans received from abroad declined by $7.6 billion from end-2021 to $161.4 billion as of June, the Central Bank has said.

Turkish banks collectively posted a net income of 169.2 billion Turkish Liras in the first half of 2022, up by 400 percent from a year ago, data from the Banking Regulation and Supervision Agency (BDDK) have shown.

"The war in Ukraine and its consequences are the main reason for the leveling of the euro against the dollar. For the first time since the beginning of the new millennium, we have seen parity between the world's two major reserve currencies". This was stated by the economist and financial analyst Boris Petrov in an interview for BGNES

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.

In 2021 it stood at $6.9 billion