Serbian central bank buys euros to stem dinar gains

By Kitco News / February 20, 2018 / www.kitco.com / Article Link

BELGRADE, Feb 20 (Reuters) - The Serbian central bank bought euros on the local interbank market on Tuesday to stem gains of the dinar which has been bolstered by auctions of treasury bonds, dealers and traders said.

The bank, which a day earlier purchased 30 million euros,stepped in as the dinar traded at 118.05 to the euro or 0.11 percent stronger than the previous close. (Reporting by Aleksandar Vasovic; Editing by Alison Williams)

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