Net Foreign Exchange Reserves Jumped to 26.3 Billion Euros, Rising Gold Prices Brought in 761.3 Million Euros
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5 Articles
Gross foreign exchange reserves of the National Bank of Serbia reached 30.8 billion euros at the end of August 2026. Compared to the end of July, they increased by 303.5 million euros, announced the National Bank of Serbia.
Net foreign exchange reserves also reached a record, while during August the largest inflow was achieved by the interventions of the NBS on the domestic foreign exchange market.
Gold reserves, which are part of foreign exchange reserves, amounted to a record 54,991.8 kilograms at the end of August and had a value of 6.95 billion euros, which is.
Compared to the end of July, they increased by 303.5 million euros. This amount of foreign reserves provides coverage of the M1 money supply of 163.9 percent and 7.0 months of imports of goods and services, which is more than double the standard that establishes an adequate level of coverage of imports of goods and services by foreign exchange reserves. Net foreign exchange reserves (gross foreign exchange reserves less foreign exchange assets o…
Gross foreign exchange reserves of the National Bank of Serbia (NBS) at the end of August this year amounted to 30.8 billion euros and reached a record level, Cent announced today
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