NBS: FX reserves in August at record EUR 28.22 billion

Source: Beta

Wednesday, 11.09.2024.

12:54

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Climbing by EUR 111.7 million from a month earlier, gross NBS FX reserves reached EUR 28.22 billion at end-August, their highest end-of-month level since monitored (since 2000), the National Bank of Serbia (NBS) announced.

The value of the dinar against the euro stayed broadly unchanged in August. Since the beginning of the year the dinar has strengthened against the euro by 0.1% nominally.

The NBS bought EUR 280 million net in the IFEM in August.

Since the beginning of the year, the NBS has bought EUR 1.83 billion net, in order to maintain the relative stability of the dinar against the euro.

Companies:

Narodna banka Srbije Beograd

Međunarodni monetarni fond-MMF Beograd

Tags:

National Bank of Serbia

NBS

International Monetary Fund

gross FX reserves

import of goods and services

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