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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Serbian foreign-exchange reserves top 10 bln euros in May

Posted on 14 June 2011

Serbia’s foreign-exchange reserves topped 10 billion euros ($14.37 billion) in May for the first time since February, as the government increased euro borrowing domestically and drew loan tranches from foreign lenders.

Foreign-exchange reserves rose by a net 112.2 million euros in May to 10.064 billion euros, the National Bank of Serbia said………………………………………Full Article: Source

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