How will Dinar exchange rate look like in 2016?

Citizens should not be concerned about mild fluctuation of the exchange rate because it is short-lived, and the National Bank of Serbia (NBS) and bank analysts expect our currency to remain stable in 2016, the daily Novosti writes.

Dinar lost only 0.7% in very turbulent circumstances last year, and it should return to the level of 120 or 121 dinars for 1 euro in the following period. In order to prevent major hikes, the NBS intervenes with EUR 10 million a day on average, and on some days it even sells up to EUR 50 million in the interbank FX market.

Narodna banka Srbije Beograd

OTP banka Srbija a.d. Novi Sad

Međunarodni monetarni fond-MMF Beograd

NBS

FX reserves of Serbia

dinar exchange rate

dinar exchange rate in 2016

Societe Generale Bank

Dragoslav Velickovic

International Monetary Fund

IMF

arrangement with IMF

Dinar value

monetary policy of Serbia

securities

low interests in eurozone

foreign investors in Serbia

inflation in Serbia

gold

gold reserves