Serbia's FX reserves decline in February

Banking

Photo by ToskanaINC / Shutterstock.com

The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 13.4 billion (USD 15.9 billion) at the end of February, down by EUR 180.1 million on a monthly comparison basis, the National Bank of Serbia (NBS) said on Wednesday.

The February decrease in gross FX reserves is attributable to the net government repayment of debt on account of foreign exchange loans and securities, the central bank said. 

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.