Source: Novosti | Monday, 11.01.2016.| 14:22
Highlight an article Print out the news

How will Dinar exchange rate look like in 2016?

(Photo: Family Business/
Citizens should not be concerned about mild fluctuation of the exchange rate because it is short-lived, and the National Bank of Serbia (NBS) and bank analysts expect our currency to remain stable in 2016, the daily Novosti writes.

Dinar lost only 0.7% in very turbulent circumstances last year, and it should return to the level of 120 or 121 dinars for 1 euro in the following period. In order to prevent major hikes, the NBS intervenes with EUR 10 million a day on average, and on some days it even sells up to EUR 50 million in the interbank FX market.

Only logged-in users can comment.