Serbia's central bank intervenes with dinar weak after election call

January 18, 2016 8:56 AM

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BELGRADE Jan 18 The Serbian central bank sold euros on the domestic interbank market on Monday to stem dinar losses, dealers said, a day after conservative Prime Minister Aleksandar Vucic announced he would seek a snap parliamentary election.

The bank began selling euros with the dinar trading at the rate of around 123 to the euro or 0.14 percent weaker than its median exchange rate set for Monday. The dinar traded at 122.83 after the intervention.

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