Exchange rate

"Exchange rate affected by consolidation of public finances"

BELGRADE -- The Serbian dinar (RSD) exchange rate is influenced by the pace of consolidation of public finances, NBS Governor Jorgovanka Tabaković said on Monday.

BELGRADE - The Serbian dinar exchange rate is influenced by the pace of consolidation of public finances and has been weakening recently because of increased demand for foreign exchange in the banking market and a negative spillover effects of Ukraine crisis, National Bank of Serbia (NBS) Governor Jorgovanka Tabakovic said Monday.

BELGRADE – The Serbian dinar fell 0.1 percent against the euro on Friday, despite the National Bank of Serbia (NBS) selling EUR 10 million in the interbank foreign exchange market, setting the official middle exchange rate at a new record low of RSD 116.9904 for one euro, the National Bank of Serbia (NBS) has said in a release.

The National Bank of Romania (BNR, the central bank) is concerned with the stability of the exchange rate of the national currency leu, as its volatility is easily translated to prices, with a particular feature of a lesser impact of appreciation, compared to a nearly double impact of depreciation, BNR Governor Mugur Isarescu declared on Wednesday, upon presenting the quarterly re

BELGRADE - The Serbian dinar continued falling against the euro on Thursday, going down by 0.1 percent and setting the official middle exchange rate at RSD 116.7676, which is its lowest level against the single European currency since the beginning of the year, the National Bank of Serbia (NBS) stated in a release.

Serbian currency hits new low this year

BELGRADE -- The Serbian dinar (RSD) continued falling against the euro (EUR) on Thursday, losing 0.1 percent of its value, with the middle exchange rate at RSD 116.7676.

This the lowest level against the single European currency since the beginning of the year, the National Bank of Serbia (NBS) said.

Domestic currency reaches lowest level in 2014

BELGRADE -- The Serbian dinar (RSD) continues its two-day decline against the euro (EUR) by dropping another 0.2 percent or 18 paras on Tuesday.

This set the medium exchange rate at RSD 116.4267 for one euro.

Drop in value of domestic currency "not dramatic"

BELGRADE -- The drop of the Serbian dinar (RSD) to its record low against the euro this year "is not dramatic," economists told Tanjug on Monday.

They added that "exporters can derive benefits from the lower dinar value."

BELGRADE - The drop of the Serbian dinar to its record low against the euro this year is not dramatic and exporters can derive benefits from the lower dinar value, economists told Tanjug on Monday.

Bulgaria’s National Revenue Agency will conduct an extensive nation-wide checkup of currency exchange bureaus.

The reason for the tightened control is the upcoming summer tourist season, when the frauds increase.

According to the law, currency exchange bureaus operate at an exchange rate within 5% of the one fixed by the Bulgarian National Bank (BNB).