Serbia's central bank sells euros to bolster dinar

January 4, 2016 1:43 PM

23 0

BELGRADE Jan 4 Serbia's central bank sold euros on the domestic interbank market on Monday to bolster the dinar, weakened mainly by low market liquidity due to New Year and Serbian Orthodox Christmas which is celebrated on Jan 7, dealers said.

"Many companies merged New Year and (Serbian Orthodox) Christmas holidays, hence few participants in the market and low liquidity," said a Belgrade-based dealer who asked not to be named.

Also read: Boris Johnson: UK should not pay 'large sums' for EU trade access

Read more

To category page

Loading...