Serbia's FX reserves decline in February
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.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.