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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Serbia: Minister warns of fast spending of reserves

Posted on 03 February 2009

From B92.net: Finance Minister Diana Dragutinović said that the NBS should not be spending from the foreign currency reserve this quickly in order to stabilize the dinar.

The dinar has decreased in value once again this Monday. The National Bank of Serbia (NBS) intervened once again on Friday with the sale of EUR 45mn on the inter-banking market because of the increased demand for the euro….. Full Article: Source


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