Serbiaʼs FX reserves rise in October

Banking

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The foreign exchange (FX) reserves held by Serbiaʼs central bank grew to EUR 13.1 billion (USD 15.6 billion) at the end of October, up by EUR 19.8 million on a monthly comparison basis, the National Bank of Serbia (NBS) said. 

Photo by ToskanaINC / Shutterstock.com

Net FX reserves (total reserves less banksʼ FX balances on account of required reserves and other requirements) amounted to EUR 10.7 billion at end-October, down from EUR 10.8 billion in September. 

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