Serbia’s Foreign-Exchange Reserves Fall to 9.66 Billion Euros
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Serbia’s foreign-exchange reserves dropped to 9.66 billion euros ($12.88 billion) at the end of November from 9.72 billion euros in the previous month as the central bank continued to support the dinar.
Net reserves, excluding the funds commercial lenders keep with the central bank and the cash Serbia drew from the International Monetary Fund as part of its 3 billion-euro loan, dropped 151 million euros to 4.74 billion euros, the National Bank of Serbia in Belgrade said today.