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 Selling Foreign Currency, Official Middle EUR/RSD Exchange Rate on Monday, 21 October, 117.6300
18.10.2019. The NBS has intervened today in the interbank foreign exchange market...
 
Two-Week EUR/RSD Swap Auctions
18.10.2019. At today’s EUR/RSD swap auctions with a term of two weeks, the NBS sold EUR 5 million at the euro liquidity supply auction at weighted average swap points of 571 and bought the same amount at dinar liquidity supply auction at weighted average swap points of 630.
 
Official Middle EUR/RSD Exchange Rate Tomorrow 117.6117
17.10.2019. Based on the character and intensity of factors affecting the exchange rate, the NBS decided that there was no need...
 
Official Middle EUR/RSD Exchange Rate Tomorrow 117.5563
16.10.2019. Based on the character and intensity of factors affecting...
 
NBS Intervenes by Buying Foreign Currency, Official Middle EUR/RSD Exchange Rate Tomorrow 117.5120
15.10.2019. The NBS has intervened today in the interbank foreign exchange market...