Serbian c. bank's FX reserves decline in October

Banking

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The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 16.3 billion at the end of October, down by EUR 524.7 million on a monthly comparison basis, the National Bank of Serbia said Monday.

Net FX reserves (total reserves less banks' FX balances on account of required reserves and other requirements) amounted to EUR 13.9 billion at end-October, down from EUR 14.246 billion in September.

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