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Serbian Currency Hits All Time Low Against Euro

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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