ћирилица | latinica info services | sitemap | contacts | help 
Financial Markets

FX Market Operations - News

FX interventions

The National Bank of Serbia is implementing a managed float exchange rate regime. The exchange rate is freely formed, based on supply and demand. As defined by the Memorandum of the National Bank of Serbia on Inflation Targeting as a Monetary Strategy and the monetary policy programme, the National Bank of Serbia may intervene in the foreign exchange market in order to ease excessive short-term volatility of the exchange rate of the dinar, to preserve price and financial stability and to maintain an adequate level of FX reserves.

FX swap auctions

In line with the calendar of regular FX swap auctions (EUR/RSD), the National Bank of Serbia organises two-week and three-month auctions of swap sale and purchase of euros for dinars. The aim of these auctions is to bolster development of the interbank swap market and to support banks in liquidity management and in overcoming the problems arising from the limits in interbank trading in the money market.


News

NBS Intervenes by Buying Foreign Currency, Official Middle EUR/RSD Exchange Rate Tomorrow 117.7330
15.07.2019. The NBS has intervened today in the interbank foreign exchange market by buying...
 
NBS Intervenes by Buying Foreign Currency, Official Middle EUR/RSD Exchange Rate on Monday, 15 July, 117.7365
12.07.2019. The NBS has intervened today in the interbank foreign exchange market by buying...
 
Two-Week EUR/RSD Swap Auctions
12.07.2019. At today’s EUR/RSD swap auctions with a term of two weeks, the NBS sold EUR 12 million at the euro liquidity supply auction at weighted average swap points of 903 and bought the same amount at dinar liquidity supply auction at weighted average swap points of 918.
 
Official Middle EUR/RSD Exchange Rate Tomorrow 117.7585
11.07.2019. Based on the character and intensity of factors affecting the exchange rate...
 
NBS Intervenes by Buying Foreign Currency, Official Middle EUR/RSD Exchange Rate Tomorrow 117.7672
10.07.2019. The NBS has intervened today in the interbank foreign exchange market by buying...