Breaking News


Serb Central Bank Lifts Dinar Off Lows With 60 Million Euros

Serbia’s central bank sold euros for a fourth consecutive day today, lifting the dinar 0.3 percent after it fell to as low as 111.7900 to the euro.

The Belgrade-based Narodna Banka Srbije sold 60 million euros ($79.91 million), its second-biggest daily intervention this year, to “enable the smooth functioning of the foreign- exchange market,” it said in a statement posted on its website. The bank has sold 498.5 million euros since the start of 2012 to prop up the dinar.

To contact the reporter on this story: Gordana Filipovic in Belgrade at

To contact the editor responsible for this story: James M. Gomez at

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.