Gross FX reserves of National Bank of Serbia reduced

The gross FX reserves of the National Bank of Serbia were at EUR 29,018.4 million (around EUR 29 billion) at the end of January of 2025. Compared to the end of December of 2024, they are down by EUR 276.1 million.

A nominal weakening of the dinar relative to euro by 0.1% was recorded in January. In the interbank FX market, in January, the National Bank of Serbia sold EUR 420 million in order to maintain the relative stability of the dinar to euro exchange rate in the conditions of the seasonally increased demand for FX currencies characteristic of the beginning of a year.

Narodna banka Srbije Beograd

National Bank of Serbia

NBS

gross FX reserves of the National Bank of Serbia

net FX reserves