Dramatic currency decrease

Belgrade, May, 21. 2010  (Serbia Today)  Serbian currency has decreased once again, making one euro worth over 100 RSD. It is the smallest value of Serbian dinar since the EU currency was introduced. According to the National Bank of Serbia (NBS), as of May 18, the EUR is worth 101,45 RSD. National Bank of Serbia (NBS) has sold 50 million euro in the interbank foreign exchange market to prevent the excessive daily exchange rate fluctuations. Since the beginning of the year, the Central Bank has sold 796,5 million EUR. The domestic currency was at its strongest this year on January 4, when the official exchange rate was RSD 95.97 per euro.