Serbia's 2009 foreign exchange reserves rise to 10.6 bn euros

Serbia's 2009 euro-denominated hard currency reserves rose by 2.4 billion euros to a preliminary 10.6 billion euros, mainly fuelled by the country's external borrowing from multilateral lenders, the central bank said. In December alone, official reserves rose by 563...

Select Your Countries:
Albania
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
FYROM
Greece
Montenegro
Romania
Serbia
Slovenia
Turkey
   

    
Select SIX industries you would like to appear:
Aerospace & Defense Agribusiness & Forestry Auto Industry
Capital markets Chemicals Construction & Materials
Economy & Statistics Environment Energy & Utilities
Financial Services Food and Beverage Franchising
Gaming Infrastructure Machinery & Appliances
Marketing & Advertising European Union Metals & Mining
Paper & Packaging Pharmaceuticals Real Estate
Retail Shipping Science
Telecoms, IT, Electronics, Media & Internet Textile & Clothing Tobacco
Tourism Transportation Wood and Furniture
Other        
Note: You can always change your choice later by unchecking the appropriate box or uncustomize all..        

Getting started

The first thing you need to do is choose a news reader, if you already don't have one. This is a piece of software that checks feeds you have requested and lets you read any new articles that have been added. There are various types of news reader. You should choose one that will work with your computer’s operating system.



When you have chosen a news reader, you can decide what content you want to keep up to date with. Please choose from below:

Albania Bosnia and Herzegovina Bulgaria Croatia
Cyprus FYROM Greece Montenegro
Romania Serbia Slovenia Turkey
INTERVIEWS BY BALKANS.COM      

Problems ?

Alternatively, you can paste one of the BBN RSS URLs into a new feed in your news reader.


http://www.balkans.com/rss/english/albania.rss
http://www.balkans.com/rss/english/bulgaria.rss
http://www.balkans.com/rss/english/cyprus.rss
http://www.balkans.com/rss/english/greece.rss
http://www.balkans.com/rss/english/romania.rss
http://www.balkans.com/rss/english/slovenia.rss
http://www.balkans.com/rss/english/bosnia.rss
http://www.balkans.com/rss/english/croatia.rss
http://www.balkans.com/rss/english/macedonia.rss
http://www.balkans.com/rss/english/montenegro.rss
http://www.balkans.com/rss/english/serbia.rss
http://www.balkans.com/rss/english/turkey.rss

Find more about RSS FEEDS !
Name:  Surname: 
Country:  Company name:
Email (Username): (If you would like to change your email address please notify us at news@balkans.com.)
Password:  Confirm password: 
Visak koda  
   
     

MY ALERTS

MAKE NEW ALERT

 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Serbia's 2009 foreign exchange reserves rise to 10.6 bn euros



Gordana Filipovic - 19.01.2010

Serbia's 2009 euro-denominated hard currency reserves rose by 2.4 billion euros to a preliminary 10.6 billion euros, mainly fuelled by the country's external borrowing from multilateral lenders, the central bank said.

In December alone, official reserves rose by 563 million euros, as the government drew a 350-million-euro loan tranche from the International Monetary Fund, a further 50 million euros in macro-economic assistance from the European Union, as well as 49.5 million euros in loans from the European Investment Bank.

Part of December's growth stemmed from banks setting aside another 116 million euros in mandatory reserves, the National Bank of Serbia said in a statement.

In 2009, the central bank spent 272 million euros on servicing foreign debt and another 221 million euros in repaying debts to domestic creditors.

The dinar lost 1.2 percent against the euro in December, weakening by 7.6 percent in the whole of 2009, when total traded volumes in the interbank market fell to 7.1 billion euros from 23.7 billion in 2008. Traded volumes more than doubled in December to one billion euros.

Source: Reuters, Balkans.com Business News


LATEST NEWS ON BALKANS.COM

Related News in English

Povezane vesti na srpskom

Συναφείς Ειδήσεις στα Ελληνικά

Email