Thursday, December 04, 2008
Serbia's
currency on Wednesday dropped to an all-time low against the euro
despite repeated central bank interventions to support it on foreign
exchange markets.The dinar traded down at 90.59 per euro -- from
highs of 75.75 a euro on Aug. 7 -- even though the National Bank of
Serbia (NBS) on Tuesday sold euro10 million ($12.7 million) on
financial markets to offset the strong demand for foreign... [read more]
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