Serbia's FX reserves fall in April
Image by Bobica10 / Shutterstock.com
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.
ADVERTISEMENT
KSH Dismisses Reports of Eurostat 'Investigation'
Hungarian-American Business Chamber Established in Chicago
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.
