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Serbian c. bank FX reserves up in 2021

Banking

The gross foreign exchange (FX) reserves held by Serbia's central bank rose by EUR 3.0 billion in 2021, reaching EUR 16.5 billion, the National Bank of Serbia said on Friday, according to a report by news agency Tanjug.

Net FX reserves, which don't include commercial banks' FX balances on required reserves and other requirements, amounted to EUR 13.7 billion at the end of December 2021, down by EUR 231.5 million compared to the end-November figure, but up by EUR 2.6 billion compared to December 2020, according to the statement. 

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