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Serbia: NBS FX Reserves Amounted to More than € 10,362m at End-November

Published: December 12, 2013; 17:22 · (Vindobona)

FX Reserves and IFEM movements in November.

Serbia: NBS FX Reserves Amounted to More than € 10,362m at End-November / Picture: © National Bank of Serbia

According to the National Bank of Serbia (NBS), FX reserves amounted to EUR 10,362 million at end-November, covering M1 by 332 percent or more than seven months of imports of goods and services.

Larger inflows to FX reserves came from the sale of euro-denominated RS securities in the domestic financial market (EUR 135.7 million) and disbursement of grants and loans (EUR 20…

This article includes a total of 207 words.

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