May 13 (SeeNews) - Gross foreign exchange (FX) reserves held by Serbia's central bank rose to 25.1 billion euro ($27.1 billion) at th
May 13 (SeeNews) – Gross foreign exchange (FX) reserves held by Serbia’s central bank rose to 25.1 billion euro ($27.1 billion) at the end of April, up by 187.1 million euro compared to a month earlier, the central bank said on Monday.
This is the highest reserves level since data tracking began in 2000.
Net foreign exchange reserves, which are the gross reserves minus banks’ foreign exchange assets due to reserve requirements, IMF obligations, and other factors, totalled 20.9 billion euro, rising by 242.6 million euro from the end of March, the National Bank of Serbia (NBS) said in a statement.
$ = 0.9270 euro
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