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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Serbia: NBS foreign exchange reserves rose by EUR 804.2 mln in May

Posted on 17 June 2009

From Emportal.rs: NBS foreign exchange reserves rose by EUR 804.2 million in May, reaching at the end of the month EUR 8,914.4 million or USD 12,468.9 million. The ratio of foreign exchange reserves over money supply (M1) was 380 percent.

Together with foreign exchange reserves of commercial banks (EUR 594.2 million on 31 May), the country’s overall foreign exchange reserves came to EUR 9,508.6 million or USD 13,299.8 million……..Full Article: Source


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