The Serbian dinar is up slightly on Wednesday after the National Bank of Serbia (NBS) sold EUR 20 million, thus setting the official middle exchange rate at RSD 111.7533, NBS stated in a release.

Not including the latest intervention, the central bank has sold EUR 588.5 million on the inter-bank foreign exchange market since the beginning of the year in order to ensure uninterrupted functioning of the foreign exchange market.

This year, the dinar hit its lowest level on April 24, when the official middle exchange rate was RSD 111.7631, and its highest on January 11 with the exchange rate at RSD 103.6922.

The dinar is down 0.6 percent from this time last month, and 9.6 percent down on the year.

On Tuesday, the indicative dinar-versus-dollar exchange rate was at RSD 84.6808, up 0.3 percent from the day before.

The Serbian dinar weakened against the U.S. dollar by 0.6 percent when compared to the level a month ago, and by 18.1 percent if compared to a year ago.