Serbia's FX reserves fall in April
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The foreign exchange (FX) reserves held by Serbia's central bank fell to EUR 14 billion at the end of April, down by EUR 278.1 million on a monthly comparison basis, the National Bank of Serbia (NBS) said.
The April increase in gross FX reserves is attributable to the outflow in respect of the repayment of EUR 210.6 million liabilities by the government and the negative effect of market factors.
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