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Dinar weakens against euro by 33 paras, exchange rate at RSD 97.1

02. June 2011. | 16:13

Source: Tanjug.rs

The dinar will weaken against the euro by 33 paras on Thursday, thus setting the official middle exchange rate at RSD 97.1085, the National Bank of Serbia released.

The dinar will weaken against the euro by 33 paras on Thursday, thus setting the official middle exchange rate at RSD 97.1085, the National Bank of Serbia released.

On May 19, the central bank announced that it would buy a total of EUR 40 million at the interbank foreign exchange market in the next 20 days, so as to ease excessive daily volatility of the exchange rate. The data on daily purchases are not published.

In 2011, the Serbian currency hit its lowest level against the euro on January 6, when the official middle exchange rate was RSD 106.4947, and its highest on May 23, with the exchange rate at RSD 96.7007.

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